This is the fourth adviser of a large currency portfolio for the MT5.
The EA is built on Bollinger Bands that show not only the direction of the trend, but also the possible range of price movement. An important feature of the indicator is the signal to close an open position.
Market entries are made using the TEMA trend indicator, which provides information about changes without delays.
Designed for GBPUSD.
The H1 Timeframe.
- Quantity of transactions per month 2-3 (medium-term strategy)
Minimum Deposit of $ 500 when working with a lot = 0.01
Each trade is equipped with a dynamicstop loss.
All dangerous tactics are not used (no grids, martingale, or anti – martingale)
- Advanced stop loss.
- Very small drawdown.
- High Profit factor.
- Work on classic, time-tested indicators (the basic indicator is the Bollinger Bands).
- It is resistant to slippage and spread expansion.
The adviser was created for the period from 2010 to 2018.
Further testing was conducted using a Forward test to exclude the possibility of fitting the results.
🔥 Please note: the advisor is not independent, it is created for portfolios of advisors and can have a long period of stagnation.
All brokers are 5-digit and 4-digit.
EA Persistence GBPUSD passed the tests for resistance:
It passes checks on neighboring timeframes, as well as on a similar currency (EURUSD).
This is done proactively, for a changing market. Sometimes GBPUSD starts behaving like EURUSD. Sometimes GBPUSD on the H1 timeframe can accelerate its movements and behave as if we are looking at the M30 timeframe.
Sometimes the nature of prices slows down, and behaves like on H4.
Tactics were created for portfolio strategies, so the priority of work is not profit, but stability of work. This means that the worst that should happen is long periods of stagnation, but not losses.
Passes the Monte Carlo checks.
The adviser does not guarantee profit. The expert Advisor guarantees small drawdowns and non-killability.
The initial Deposit is possible in the amount of $ 500. when working with a fixed lot = 0.01, but consider this as a game or as a test option for expert advisors – the so-called mini-real. Work on Forex begins at least with a Deposit of 1000 dollars and much higher
Input parameters (we don't recommend changing them):
MagicNumber = 11111;
LongEntrySignal = false;
ShortEntrySignal = false
LongExitSignal = false;
ShortExitSignal = false;
BBBarOpensPeriod = 20;
BarsValid = 72;
MoveSL2BECoef = 4.4;
ProfitTarget = 235;
StopLoss = 65;
TrailingStopCoef = 3;
TrailingActivation = 40;
TEMAPeriod = 20;
input int MTATRPeriod = 20; //MTATRPeriod
PriceEntryMult = 0.2;
mmLots = 0.01-fixed order lot
(Attention! The author developed this adviser for a Portfolio strategy ONLY and did not add money Management to avoid deep drawdowns! When increasing the Deposit, it is recommended not to increase the working lot, but to add a new adviser with a different logic)
If there are already a lot of advisors in the portfolio (from 15 EAs and above), it is possible to increase the lot of existing advisors after preliminary re-optimization of parameters.
----------- Exit On Friday -----------"
ExitOnFriday = false – enable / disable the adviser on Friday after the specified time under the heading FridayExitTime
FridayExitTime = "20: 40" – time to close an open order and disable the adviser until Monday.
----------- Limit Time Range -----------
LimitTimeRange = false-limit the working time of the adviser (usually needed for optimization of the adviser)
SignalTimeRangeFrom = "08: 00" - starting the EA (only works with LimitTimeRange
SignalTimeRangeTo = "16: 00" - ending the adviser (only works when LimitTimeRange = true)
ExitAtEndOfRange = false-ending the adviser (if "true")
MaxTradesPerDay = 0-limit the number of trades per day (0-no restrictions)
OpenBarDelay = 0 - open bar delay in minutes
(it can be used for Daily strategies to trigger trading a few minutes later -
because brokers sometimes have technical delay after midnight and we have to postpone order execution)
Be sure to use only available funds in Forex.
Remember: if there was a profit in the past , it does not mean that there will be a profit in the future!