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Remember…

“Another alarming fact can be a huge profit stated in the description of a trading robot. If the attached Strategy Tester reports show a sky-high balance, it most likely has to do with curve fitting. Often developers of such “money printing machines” do not even realize that their system is over-optimized and has too many external parameters. Let us support this assertion by another chart from the above-mentioned report¬†Optimization VS Reality: Evidence from ATC 2011.

Whatever the case, do not get knocked down calculating you future profits and remember two rules that are still valid:

How to Test a Trading Robot Before Buying – MQL5 Articles

We have a close price (it could be the last bar … H1, H4) of the currency of the yesterday to open a transaction adviser needs rise or fall, which is specified by default in Percent (see input parameters).

Test

How it’s working?

The premise is simple.¬†The entrance looks like this …

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 Force=((Bid-close)/close)*10000;

 Force=((Bid-close)/close)*10000;

example:

Force > 10% (see input parameters)  Opening Buy

Force < -10% ( see input parameters )  Opening Sell

Why such a strategy?

Generally, it is assumed that the market is mainly in the state of lateral movement and trends usually take place 15-20% of the time.

Why such a strategy?

Generally, it is assumed that the market is mainly in the state of lateral movement and trends usually take place 15-20% of the time.

Exiting unprofitable transaction is an averaging method. The expert seeks to close all positions.

Condition:  

For this purpose, the following were used:

  • Multiplier (power)
  • The advanced system of partial closing of the position
  • Different Take Profit

Input Parameters:

Our Useful Features & Services

Published

02 January 2021

Updated

04 January 2021

Current Version

1.20

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