This can be a “actual” buying and selling system, which implies it would use a SL to guard the account.  It additionally means it is not going to use any harmful strategies like martingale, grid or averaging down.

The EA reveals its energy in the truth that the inner parameters should not over-optimized for a single pair.

So for instance, the EURUSD settings would even be worthwhile on USDJPY or GBPUSD.  

The right way to setup:

• Run on EURUSD H1
• Allow the OneChartSetup within the parameters to see all pairs work collectively (presently EURUSD, GBPUSD, USDJPY and AUDUSD will work with this characteristic)
• Set “Threat” to “use LotsPerBalance_Step”
• set “LotsPerBalance_Step” to 200 for low danger, or 100 for medium danger

The EA makes use of many commerce administration strategies, together with however not restricted to:

• a Trailing SL, utilizing multipe parameters to regulate its perform
• “Transfer to Break-even” at sure level, with the chance so as to add further pips to the purpose of breakeven
• Trailing SL primarily based on current highs/lows, together with an choice to run this solely till breakeven stage (to supply extra room for full TP to be reached)
• Trailing SL primarily based on commerce period, to restrict publicity after the transfer has run out of momentum

The right way to take a look at:

• Run on EURUSD H1
• Allow the OneChartSetup within the parameters to see all pairs work collectively (presently EURUSD, GBPUSD, USDJPY, AUDUSD will work with this characteristic)
• Set “Threat” to “use LotsPerBalance_Step”
• set “LotsPerBalance_Step” to 200 for low danger, or 100 for medium danger
• use “1 minute OHLC” or “each tick” for dependable backtest outcomes.
• Choose a interval for no less than 1 yr of testing to see the soundness of the EA.

There are lots of danger administration possibility, together with setting a danger per commerce.

The EA is developed primarily for EURUSD, GBPUSD and USDJPY, since these are essentially the most succesful pairs for operating breakout methods.  Nonetheless, backtests reveals promising outcomes on a number of pairs  like AUDUSD, with none additional optimization for these pairs.

Really helpful timeframe is H1.

Minimal accountbalance: 100$

Key options:

• That is NOT a scalper EA, and it doesn’t use any grid/martingale or different dangerous strategies.  
• It makes use of very strict Stoploss, at protected distance.
• Plug and play, no set recordsdata wanted
• EA shouldn’t be delicate to unfold or slippage
• No danger of over-optimization, since no actual optimization course of has been accomplished in creating the EA.
• No harmful cash administration strategies used like grid or martingale
• Excessive correlation between reside trades and backtest trades
• Stress Examined with 99.90% tickdata utilizing variable unfold and slippage simulation

Reminder: As with each buying and selling system, all the time keep in mind that foreign currency trading may be dangerous.  Do not commerce with cash which you could not afford to lose.  It’s all the time greatest to check EA’s first on demo accounts, or reside accounts operating low lotsize.  You possibly can all the time improve danger later!