Pir DPO Auto-Trading EA Robot – Absolutely Free Download

Description

Pir DPO is a mean reversion trading robot that works only LONG. It can be used on several indexes like sp500, Dow jones 30, euro Stoxx 50, Dax 30, etc., on a daily timeframe.

It basically applies this algorithm:

  1. Calculate detrended price with this formula detrend = (close – simple moving average(length))/simple moving average(length)
  2. if detrend <= min (detrend, length) the BUY
  3. SELL after time Exit days
Key Features
  1. Absence of dangerous algorithms.
  2. It works just when the bar is closed.
  3. Easy to use, optimization is required if you want to apply it to other instruments.

 

Description of the Main Expert Advisor Settings
  • Magic Number: self-explicative
  • Length: lookback period to calculate the detrended price.
  • Time Exit: maximum number of days in the position.
  • Fixed lots: if this parameter is not equal to zero, the EA will open trades using this lot size.  This parameter takes precedence over Max Risk.
  • Max Risk: if this parameter is not equal to zero, the EA will open trades using a variable lot size, risking a fixed percentage of the account. For instance, if Max Risk is equal to 1.0, an order will be opened for X lots, but the stop loss will be around 1.0% of the account. Due to rounding and different calculations, the maximum risk cannot be exactly 1.0%, but it will be a number close to it (most of the time a bit bigger).
  • STP: stop-loss expressed in percentage from the entry price.
  • TGT: profit target expressed in percentage from the entry price.
Suggested parameters for SP500 index
  • length = 14
  • time Exit = 9
  • STP = 3.0
  • TGT = 5.0

Time frame DAILY

NOTE:

Get this amazing Forex Trading EA Robot ABSOLUTELY FREE from us. Please open a trading account with our Suggested Brokers and use a Forex VPS from our Recommended VPS Providers to automate your trade without hassles. You can Download the Forex EA Absolutely FREE from HereCLICK

DISCLAIMER: Please read carefully before you decide to invest in Forex Market

  • Forex Trading is dangerous and can result in a substantial loss of money. Due to the uncertain nature of the Forex market, there is no guarantee that our products will produce any favorable results. Before you purchase, please read our RISK DISCLAIMER.
    BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat in the future. Past performance shown and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this, we recommend that you test the EA on your own broker account using many variations of currencies, time frames, and settings to make sure you experience favorable results in current market conditions before trading live accounts.
  • Forex Trading EA/Robot is just a piece of Programming to Sophisticate your trading but never guarantee your winning.
  • Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown.
  • Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
  • Before deciding to trade products, you should carefully consider your objectives, financial situation, needs, and level of experience. The possibility exists that you could sustain a loss of some or all your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.

Leave a Comment

Your email address will not be published.