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SharpRebound

SharpRebound is an Expert Advisor using a roll-back strategy after a strong movement. The EA works on M1 chart.


Two trading options:

  1. market execution
  2. pending order


Requirements:

  1. Broker with no execution delays and requotes with an order execution speed less than 300 ms.
  2. Broker server connection time – less than 100 ms.
  3. ECN account type.
  4. PC RAM – at least 3 GB.


Main settings (used in the tests):

  1. Lot = 0.01; if MoneyManagement = false, order open volume is equal to a specified value
  2. Slippage = 2; allowed slippage
  3. Spred = 2; maximum allowable spread, at which orders are opened
  4. Depozit = 100; % of the deposit funds considering a leverage
  5. Risk = 1; risk % of the used funds %
  6. OrdTot = 1; number of orders opened simultaneously in the same direction
  7. TeProfit = 50; TakeProfit
  8. StLoss = 2; StopLoss
  9. UstanSLTP = true; enabled
  10. OtlogOrder = true; pending order (if false, orders are opened by market execution)
  11. MoneyManagement = true; money management enabled, Lot auto calculation considering Depozit, Risk, StLoss, Spred
  12. LONG = true; buy enabled
  13. SHORT = true; sell enabled
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