Simple but effective trend trader EA (example for H1 below).
portfolio example settings (starting balance $2000, leverage 1:100) with pictures (back test for 2019 to 2020 year):
– XAUUSD – H1 – TP=2000; SL=1000; Spread=20; Lots=0.25.
– GBPAUD – H1 – TP=2400; SL=200; Spread=10; Lots=0.25.
– GBPJPY – H1 – TP=2000; SL=600; Spread=10; Lots=0.25;
NOTE: if have a smaller or larger starting balance can change Lot size accordingly, for example, if $200 then Lots=0.02
NOTE: the EA might not do a trade every day, you might get that it takes one trade every other day.
Trend trader: only does one active trade per symbol; no hedge and is FIFO.
(1) Enter in Market: Uses three moving averages and MACD.
(2) Protection: Fixed stoploss.
(3) Exit from Market: MACD signal crosses.
Limit Time Range:
|No more trades before this hour (if want to trade all day, then set Start Hour=End Hour)||Start Hour|
|No more trades after this hour||End Hour|
|Start trading day||Start Day|
|End trading day||End Day|
|Close trades at end of the trading day?||Exit end day|
|If closes at end of the trading day, then what hour?||Exit Hour|
Main Trading Parameters:
|the unique magic number for managing trend trades||MAGIC|
|Period value for “fastest” MA (recommend: 9)||MA_1_Period|
|Period value for “medium” MA (recommend: 7)||MA_2_Period|
|Period value for “slowest” MA (recommend: 80)||MA_3_Period|
|Fast period for MACD (recommend: 12)||MACD Fast Period|
|Slow period for MACD (recommend: 26)||MACD Slow Period|
|Signal period for MACD (recommend: 9)||MACD Signal Period|
|Use the signal on MACD? (Recommend: false)||MACD Signal Set|
|Use MACD only if above or below this level (recommend: 0)||MACD Threshold|
|Max drawdown percent (40 is an ok value)||Max percent dd|
|Start balance (used for auto-scaling lot size)||start margin|
|Lot risk scaling (set to 0 if fixed lots, will use Min lot size always)||risk gain|
|Max points take profit value||TP|
|Max points stop loss value||SL|
|Min lot size per trade||Lots|
|Max lot size per trade||Max Lots|
|Max allowed spread for entering a trade||Spread|
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- 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.
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