The Chameleon Ea Expert Advisor is great for most Currency Pairs and Timeframes from M15 to H4, but it performs best on the EUR / GBP M30 pair. It uses only two indicators “Bollinger Bands” and “Top Bottom Price”. Each trade is protected by a Stop Loss and Take Profit. In the parameters of the Expert Advisor, you can change the percentage of the lot from the deposit(by default, it is 5%) also the values of the indicators, Stop Loss and Take Profit, if necessary. Below is the test statistics for 3 years. For some, the downside will be quite rare transactions. Therefore, you can use the Expert Advisor on several pairs at once.
Parameters for testing for 3 years: by default (to increase the profit, you can increase the risk percentage per trade, but at the same time, the drawdown will also increase. )
Initial balance = $100
Net profit = $937,120
Profitability = 4.26
Profitable trades = 84%
I will be happy to hear your feedback.
Recommendations:
Symbol | EUR/GBP |
Timeframe | M30 |
Test from | 2018 |
Settings | By default |
Broker | A broker with a low or fixed spread and commission. |
Minimum deposit | 100 usd |
[spoiler title=”Read More…”]
Parameters for testing for 3 years: by default (to increase the profit, you can increase the risk percentage per trade, but at the same time, the drawdown will also increase. )
Initial balance = $100
Net profit = $937,120
Profitability = 4.26
Profitable trades = 84%
I will be happy to hear your feedback.
Recommendations:
Symbol | EUR/GBP |
Timeframe | M30 |
Test from | 2018 |
Settings | By default |
Broker | A broker with a low or fixed spread and commission. |
Minimum deposit | 100 usd |
Parameters for testing for 3 years: by default (to increase the profit, you can increase the risk percentage per trade, but at the same time, the drawdown will also increase. )
Initial balance = $100
Net profit = $937,120
Profitability = 4.26
Profitable trades = 84%
Initial balance = $100
Net profit = $937,120
Profitability = 4.26
Profitable trades = 84%
I will be happy to hear your feedback.
Recommendations:
Recommendations:
Symbol | EUR/GBP |
Timeframe | M30 |
Test from | 2018 |
Settings | By default |
Broker | A broker with a low or fixed spread and commission. |
Minimum deposit | 100 usd |
[/spoiler]