Strategy Summary & Advantages:
- It's a full-automatic short-term trading EA, no Martingale, no Grid.
- Using default settings and buid-in technical parameters, no need to do the tedious adjustment working.
- With low stoploss for all trades (defaults from 30 pips to 120 pips base on the different FX pairs).
- The average of position holding time are about 3 hours.
- With protect function of account drawdown.
- Magic: EA magic.
- FixLots: Fixed trading lot.
- AutoLots: If select ‘true’, EA will automatically calculate trading lot base on ‘BalancePerLot’; if select ‘false’, EA will work on fixing lot.
- MaxLots: Maximum trading lot.
- BalancePerLot: Needed account balance per opening one standard lot. E.g., your account balance is USD1000, and input ‘10000’ in the "BalancePerLot ", the EA will automatically calculate the trading lot (1000/10000=0.1lots).
- AccountEquityMaxDrawdown (percentage, 0-100): Maximum drawdown percentage of account floating loss, all trades will be closed while the account floating loss drop below the setting value, and stop to open any new positions on the same day.
- PortfolioMaxOpenPositions: Maximum open positions.
- EAComments: EA comments .
- UseSymbol: The symbol will work if select ‘true’, it will not work if select ‘false’.
- Symbol: Symbol name, including of suffix. E.g., inputting ‘EURUSD’ if broker has no suffix, inputting ‘EURUSD.r’ if broker has suffix ‘.r’ .
- MaxSpreads: Maximum spread in pips.
- TakeProfit: Take profit in pips.
- StopLoss: Stop loss in pips.
Reference Settings (12 pairs):
TradingModels |
BalancePerLot* (USD)
|
ExpectedAnnualReturn** |
ExpectedAccountDrawdown** |
AccountEquityMaxDrawdown (Percentage)
|
AccountLeverage (At least)
|
Stabler
|
50K
|
50% - 100% |
10% or more
|
6
|
30
|
Stable
|
20K |
150% - 300%
|
25% or more
|
15 |
100 |
Middle |
10K |
500% - 1,500% |
50% or more
|
30
|
200 |
Radical
|
5K |
3,000% - 15,000%
|
80% or more |
50 |
400 |
* Need to convert currency if your account is not in US dollor. E.g., if your account currency is in Euro, and the ‘BalancePerLot’ is selected for USD10K, the current quote of EURUSD is 1.11020, then the ‘BalancePerLot’ in Euro is: 10K/1.11020 ≈ 9007.
** Based on the back-testing.