PiTrade Expert Advisor is based on the custom indicator PiTrend.
Entry points are determined using values of the PiTrend indicator. Positions are closed when reaching specified profit and loss levels.
- Distance - Distance input parameter of the PiTrend indicator;
- Period Signal - Period Signal input parameter of the PiTrend indicator;
- Stop Loss - loss fixing level in points;
- Take Profit - profit fixing levels in points;
- Fixed Lot - fixed lot value;
- Variable Lot - variable lot as a percentage of the free margin.
The screenshots demonstrate the backtesting results. The backtesting was conducted for the period from 2013.07.07 to 2013.04.28 on EURUSD and M30 timeframe using the "Every tick" option. The Expert Advisor was set to a fixed lot of 0.1, stop loss of 750 points and take profit of 400 points.