And stop and reverse is a trend-free expert Advisor.
Trading Strategy:
Advisor
And stop and reverse
it trades on any currency pair and on any timeframe. The strategy is based on following an open trade with a trailing stop
and reversing the trade when the trailing stop is triggered. The Expert Advisor increases the deposit by limiting losses and unlimited profits, since it does not have a take profit.
Input parameters:
- LotConst – constant lot size;
- TrailingStop-the only optimized parameter-about 40 points for 4-digit quotes (400 points for 5-digit quotes);
- FirstPosition1Buy2Sell-direction of the first opened position: 1 – Buy, 2 – Sell;
- MagicNunber – the magic number by which the Expert Advisor distinguishes its positions.
Expert Advisor test results:
With an initial deposit of $10,000
And stop and reverse
earned $2,250 on EURUSD M1 for the period from January 1, 2012 to November 23, 2012 with a relative drawdown of 5%. On other currency pairs, there are better results.