(Help Guide available below for download)
This system consists of 6 Expert Advisors and 1 indicator which monitors Account Equity.
Each Expert Advisor can attach to any Currency Pair and Timeframe (60 min is recommended).
The trend reversal Systems included are EMA, RSI, MACD, CCI and Bollinger Bands.
Each EA includes advanced Money Management features including
- The ability to be run in Advisory, Discretionary or Automatic Trade modes.
- Fixed Wager or Wager based on Risk%
- Trailing Stop Loss
- Set Stop Loss to Break Even
- Increase of Wager after Losses by a nominated multiple (between 1.0 and 2.0) with max. 20% of Equity
- Trade Closure on Take Profit and/or Signal Reversal
The CloseTrades EA monitors the whole basket of active EA's (or nominated range) and will automatically close all current trades on a nominated basket gain or loss and disable the active EA's. This is achieved by the CloseTrades EA posting a signal trade that each active EA recognizes as a stop trading signal. Once the signal trade is deleted manually, all active EA's will resume trading.
The trading concept is to trade a range of currency pairs and/or a range of timeframes and close all trades within the nominated basket group automatically when the required basket Take Profit or Stop Loss is achieved.
The indicator included (which displays Equity as a running total) and the CloseTrades EA can be attached to any independent chart and will monitor the whole basket of trades.
Complete 2015 1 min (GMT based) backtesting data is included below. (use Script - PeriodConverter to convert to other timeframes)
More complete 1 min (GMT Based) data is available from http://www.forextester.com/data/datasources
(skip the first line and column when importing into MT4)
Example Input Screen
All parameters are completely customizable and full source code is included. For a complete set of optimized set files, see Post #51.