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Reliable EA MTF Brexit AI

Risk Disclaimer

Please note: historical performance of a currency trading system or Forex trading strategy cannot be indicative of future results.

Currency trading offers amazing profit potential, but includes also large risk potential. Therefore, currency trading on margin may not be suitable for all individuals. The high leverage offered in the currency market can work against you as well as for you.

By using our Forex systems and Forex trading strategies you agree to hold Reliable EA Team and everybody who is involved in the production, development, distribution of Reliable EA Expert Advisor free of any responsibility. Any live trading you do, you are doing at your own discretion and risk.


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Attention:

Please don't forget to test our Breakout EA too.


Multiple Timeframe BREXIT by Reliable EA

"Multiple Timeframe BREXIT" expert advisor by Reliable EA is an innovative, AI-based EA, combining trading in a lower time frame and using additional signals within a higher timeframe. It uses some features of artificial intelligence (fuzzy-algos for selecting entries, readjustments of open trades by deep learning mechanisms) to be always adjusted to the current market situation.

Along with that it uses bandwidth algorithms to search for market anomalies and trade them via breakout. It's a very profitable EA that has the capability to double your account within a few months, although it is not a day trading system (detailed information on trade behavior is shown below).

Main Features:

  • No Martingale
  • No Grid
  • Open order only when the odd of winning is in its favor.
  • Money management option (increase profit as your account get bigger)
  • Max Spread: spread filter to avoid trading during bad market conditions
  • Simple to setup and use (see below)
  • Initial R:R is greater than 1:1.
  • This EA has very low drawdown.
  • This EA always works with SL and TP.

Attention:

The EA places a minimum lot trade (depends on instrument and broker) immediately after activation. This has nothing to do with the logic of trading decisions behind the EA (fuzzy, AI, etc.). It's just needed for the initial setup of the EA. This is the only trade without any SL or TP. If you like, you could immediately close this position. After this, EA works completely as expected. This one position is closed automatically 2 bars after opening.


Recommendations on pairs and timeframes:

The EA runs fine on every pair with USD as the quote currency (i.e. EURUSD, GBPUSD, …). It could also be run on indices, but we prefer GBPUSD as it is the market with the most liquidity.

The upper timeframe is selected automatically. It's always one above the timeframe, in which you placed the EA (i.e. 30 Min. --> upper timeframe = 1 H). There the EA is searching for additional signal support.

We recommend placing the EA within a H1 chart, as we found best results there.

But you can test any other combination.


Key Performance Indicators within 16-years test period:

Indicator

Value

Max. Stagnation

463 days

Profit Factor

1.69

Return / Draw Down Ratio

6.78

Winning Percentage

49.06%

R:R

2:1

Trades / month

1-2


Parameters:

Parameter

Comment

CustomComment

Anything - just to identify your trade

MagicNumber

Number to identify your trades within EA logic - must be unique compared to EA's running within the same Metatrader instance

mmRiskPercent

Number in percent of your account you'll risk on every single trade (calculated by stop loss) - i.e. 1 means your risk one percent of your account

mmDecimals

Depend on your min Lot setting. If 0.01 you have to set 2 here, if 0.1 you have to set 1 here

mmLotsIfNoMM

Defines what size to trade if no money management is used or possible, i.e. 0.01

mmMaxLots

Gives max. number of tradeable Lots independent of MM.


FRIENDLY REMINDER: Do not risk money you cannot afford to lose! Better safe than homeless right?

Please test EA in Demo account for at least 4 weeks to see and understand how the system works.



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