Hi to you all, in this post i want to share a System that i found on the web (http://www.theforexexpert.info) and create my version of it. The concept behind it is a simple daily breakout.
Timeframe: Daily
Pair:EU
How it works. At the end of each day the Ea atached will put a BuyStop Order and a SellStop order 1 pip Below the previous day.
Stop Loss: 2 Pips
Trilling Stop:5 Pips
Take profit: 28 Pips (All values are optimized)
In atached there are The Ea and the settings i use in this backtest, please fell free to comment and to improve the Ea performance.
PS: The diferrence betwenn the 1.01 and virtual order was a small problem i find in this type of trading. Is related to the high flutuations of the market when newns come out. The virtual only alows the Ea to enter the trade if slippage is below a defined value on the settings
Timeframe: Daily
Pair:EU
How it works. At the end of each day the Ea atached will put a BuyStop Order and a SellStop order 1 pip Below the previous day.
Stop Loss: 2 Pips
Trilling Stop:5 Pips
Take profit: 28 Pips (All values are optimized)
In atached there are The Ea and the settings i use in this backtest, please fell free to comment and to improve the Ea performance.
PS: The diferrence betwenn the 1.01 and virtual order was a small problem i find in this type of trading. Is related to the high flutuations of the market when newns come out. The virtual only alows the Ea to enter the trade if slippage is below a defined value on the settings
Attached File(s)
__PedroEA__1_01.ex4
32 KB
|
159 downloads
Pedro_EA_virtual.ex4
28 KB
|
168 downloads