THE MAIN IDEA.
First of all, it is the second of a family of Expert Advisors based on the same strategy applied to different indicators.
This means that the same strategy and the same money management are applied to different indicators with basic spread filtering.
The ultimate goal is to develop an Expert Advisor with a higher probability of success and minimal losses in general.
This feature will increase confidence in using the Expert Advisor, for long-term satisfaction.
STRATEGY
1. Scalping strategy
The EA follows the price direction according to the indicator, then take profit on TP1. Then the process resumes.
If TP1 fails and the indicator changes direction, the trade is held, and the opposite one is opened according to the multiplier
up to TP2, but multiplied by the number of transactions in the market.
up to TP2, but multiplied by the number of transactions in the market.
This step is repeated until the profit is equal to the number of transactions X TP2.
2. THE TREND FOLLOWS THE STRATEGY OF THE REGIME
The Expert Advisor follows the direction of the price in accordance with the indicator, then take profit if the transaction is profitable and only when the direction is inverted
prices.
prices.
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Then the process resumes.
If the transaction does not make a profit when the price direction changes, the transaction is held, and the opposite transaction is opened in
according to the multiplier, until the direction of the new price changes.
according to the multiplier, until the direction of the new price changes.
This step is repeated until the amount of transactions becomes positive at the next price change.
GENERAL SAFE PARAMETERS
The Expert Advisor has many different skills to prevent balance drawdown, called Recovery mode, maximum
trading mode and maximum margin mode. Some of them are related to trading one asset, others are related to the general prevention of DD.
trading mode and maximum margin mode. Some of them are related to trading one asset, others are related to the general prevention of DD.
example
In case of excessive trades on the market, the Expert Advisor automatically stops, does not enter new trading cycles and closes the current ones if
TP3 is triggered.
TP3 is triggered.
if the number of transactions is too large, then, in accordance with the parameter of the maximum number of transactions, the EA switches to the mode
restores and closes trades one at a time, not for the entire cycle, always with a profit, etc.
restores and closes trades one at a time, not for the entire cycle, always with a profit, etc.
conclusions
This Expert Advisor has a good success at the level of optimization in the stock market, especially in the USA, as you can see by following the telegram group
by the address and downloading the appropriate settings. They currently operate about 50 stock assets
the US market.
by the address and downloading the appropriate settings. They currently operate about 50 stock assets
the US market.
Please also follow the comments section to update the settings, as optimization works constantly.
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