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EA Performance Revealed: 20 Pips Daily Strategy Test Results
i was got today and shared with you the report also showing bellow ...
Strategy tester results for 01.01.2008 - 23.10.2008:
Strategy tester results for 01.01.2004 - 23.10.2008:
20pipsOnceADayOppositeLastNHourTrend.mq4 12.26 kb, 90 downloads since 2014-11-24
20_pips_a_day_EA_-_Startegy_tester_results.zip 90.82 kb, 73 downloads since 2014-11-24
20_pips_a_day_EA_-_Startegy_tester_results.zip 90.82 kb, 73 downloads since 2014-11-24
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rokomi wrote:
i was got today and shared with you the report also showing bellow ...
Strategy tester results for 01.01.2008 - 23.10.2008:
Strategy tester results for 01.01.2004 - 23.10.2008:
why only results for 2008 ??? its 2014
About 20pipsOnceADayOppositeLastNHourTrend.mq4
This EAs strategy is based on analyzing price trends over a specified number of hours to determine whether to go long (buy) or short (sell). It opens positions at a predetermined trading hour, and it can dynamically adjust the lot size based on your preferences. Additionally, it allows you to set stop loss (SL), trailing stop, and take profit (TP) levels to manage your risk and potential rewards.
How this EA Works:
The EA looks at historical price data over a defined number of hours to assess whether the market is showing a bullish (buy) or bearish (sell) trend.
It waits for a specific trading hour to open positions. For example, if you set it to 7 AM, it will execute trades at that time.
You have the flexibility to choose between a fixed lot size (FIXLOT) or let the EA calculate the lot size based on your desired risk percentage (MAXIMUMRISK).
The EA allows you to set a stop loss (SL) to limit potential losses, a trailing stop to protect your profits, and a take profit (TP) to lock in gains.
Here are the key parameters you can adjust to tailor the EA to your trading preferences:
SYMBOL: The currency pair you want to trade (default is EURUSD).
TIMEFRAME: The timeframe for analysis (default is 0).
MAXORDERS: Maximum number of orders allowed (default is 1).
FIXLOT: Set to 0 for dynamic lot sizing based on MAXIMUMRISK, or set your preferred fixed lot size.
MINLOTS: Minimum lot size allowed (default is 0.1).
MAXLOTS: Maximum lot size you want to use (default is 5).
MAXIMUMRISK: Maximum risk percentage per trade when FIXLOT is set to 0 (default is 0.05).
SLIPPAGE: Maximum allowable slippage (default is 3).
TRADINGHOUR: The specific trading hour when positions should be opened (default is 7).
HOURSTOCHECKTREND: The number of hours to check for price trends (default is 30).
ORDERMAXAGE: The maximum age of a position in seconds before it's closed (default is 75600).
FIRSTMULTIPLICATOR: Lot size multiplier when position -1 was a loss (default is 4).
SECONDMULTIPLICATOR: Lot size multiplier when position -2 was a loss (default is 2).
THIRDMULTIPLICATOR: Lot size multiplier when position -3 was a loss (default is 5).
FOURTHMULTIPLICATOR: Lot size multiplier when position -4 was a loss (default is 5).
FIFTHMULTIPLICATOR: Lot size multiplier when position -5 was a loss (default is 1).
STOPLOSS: Stop loss in pips (default is 50).
TRAILINGSTOP: Trailing stop in pips (default is 0, meaning it's disabled).
TAKEPROFIT: Take profit in pips (default is 10).
This EA offers an automated trend-following strategy with risk management features. It may be suitable for intermediate traders, busy individuals, and those who prioritize risk control.
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