Pillar is a trend based EA that is suitable both for working in a portfolio of experts, and for standalone trading. Strategy of this Expert Advisor implies receiving a lot of small losses, which afterwards are covered by a significant profit. The Expert Advisor does not use hedging, martingale, grid strategies, arbitrage, etc.; it does not require special trading conditions or high speed of execution. Works on all brokers.
- Settings - select the preset for the currency pair.
- MagicNumber - magic number.
- Slippage - the level of protection against slippage.
- The hour of stopping trading on Friday - hour to stop trading on Friday.
- LotSize - trade using the specified fixed lot.
- Risk - risk level per trade as a percentage (if you want to trade a fixed lot, set the value to zero).
- RiskMult - enable/disable the increase of the lot size of the subsequent trades in a profitable series.
- Timeframe: H1;
- Currency pairs: EURUSD, GBPUSD, USDCAD.
- Risk level: 1-2% per trade.
- Deposit: $300 and higher (or $3 and higher, if a cent account is used).