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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:

SymbolEUR/GBP
TimeframeM30
Test from2018
SettingsBy default
BrokerA 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:

SymbolEUR/GBP
TimeframeM30
Test from2018
SettingsBy default
BrokerA 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:

SymbolEUR/GBP
TimeframeM30
Test from2018
SettingsBy default
BrokerA broker with a low or fixed spread and commission.
Minimum
deposit
100 usd

[/spoiler]

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