The next Expert Adviser that we are going to observe is used by JPAlonso – El Trader (EURUSD, 1 hour). This participant is on the first place of the temporary standings. He has current results around 76k.
Due to a technical problem, the expert began working until October 8 and yet it is leading in the championship standings. By the transactions and the four words of the expert description, we see that the participant uses market orders that are against the trend. All orders have StopLoss around 77 and TakeProfit at 127.
JPAlonso expert advisor analysis
Besides, it appears that the expert is constantly in the market, which in its turn means that it is used only one indicator that can accept two values- up or down.
Upon exiting from the market, this indicator is checked. Then the trading system re-enters the position, depending on the indicator’s values.
Jpalonso forex expert advisor
Due to a technical problem, the expert began working until October 8 and yet it is leading in the championship standings. By the transactions and the four words of the expert description, we see that the participant uses market orders that are against the trend. All orders have StopLoss around 77 and TakeProfit at 127.
JPAlonso expert advisor analysis
Besides, it appears that the expert is constantly in the market, which in its turn means that it is used only one indicator that can accept two values- up or down.
Upon exiting from the market, this indicator is checked. Then the trading system re-enters the position, depending on the indicator’s values.
Jpalonso forex expert advisor