The Expert Advisor follows the price and opens orders in the direction of a trend increasing the lot during a flat to compensate for losing trades. The EA trades tick data. It has very simple settings. The EA allows significant deposit drawdowns on long flat market sections.
The EA operation efficiency depends on the selected market and the EA parameters.
The total volume of the EA trades may be considerable enough making its use more justified for a broker having a rebate program or returning a volume of closed positions.
The optimal EA parameters are different for each market and timeframe. Do not use the maximum risk parameters that showed the best result in the past in real trading. The market is constantly changing, and there is no guarantee that the methods efficient in the past will remain efficient in the future. In order to minimize potential losses, optimize the EA parameters regularly, study its operation results and withdraw part of your profit. Test the EA on a demo account on the same market and with the same broker you are going to trade with.
Requirements
- High leverage (1:200 - 1:500)
- Reliable server connection
- Constant EA operation
- Fast order execution
- A stop loss can be set the moment an order is opened
Parameters
- Min_risk_depo - minimum deposit, multiple of which the EA opens trades using a minimum lot
- Order_step - range (in points), from which trades are opened
- Risk - lot growth in each subsequent trade
- Lot_step - maximum number of lot growth steps
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