HorsePowerEA

                              GENERAL NOTICE FOR BACKTESTING AND FORWARD TESTING,

          TO GET A GOOD AND NICE CURVE ON BACKTESTING AND FORWARD TESTING PERFORMANCE .PLS ENABLE  LossAdjuster=true; / Adjuster=10;   BEFORE USING THE EA.

                                                                                             

important parameters of the EA

“——————Money management————–“;
LossAdjuster=true    – this parameter is first security Level on the EA must be true before using the EA.
Adjuster=10              – this is its default value 10 from open order,but its closes the first position previously opened.
UseLossAmount=true  – this is the second security of the EA that closes all positions,if the market keep going against you.
LossAmount=1000        – this is the actual value

UsethresholdGlobal = true – this dollar closing value of the EA
threshold= 5                       – this where the dollar value is set

“———–Spread/Slippage management———–“;
maxspread=20   – maximum spread on the EA,note if your brokers spread is high,you can adjust it here,is a spread protection
Slippage=333;    – this slippage on the EA,

StartLot=0.1    – this is where you adjust your lotsize base on the capital you are trading with

we prefer trading on EURJPY.

it auto adjust to any timeFrame but we leave it on 1hr

parameter description that is very important,that you must adjust together base on the deposited capital

LossAmount,threshold,StartLot 

starting from 100$

UseLossAmount -true
LossAmount = 50
threshold = 0.5;
StartLot  = 0.01;

starting from 200$

starting from 400$

starting from 1000$

UseLossAmount – true
LossAmount = 500
threshold = 5;
StartLot  = 0.1;  etc

pls note you can increase or reduce any of this parameters after backtesting it or you may use our default settings above.