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This EA has been developed for DAX (GER30) M15 timeframe. It also works very well on the same market and TF M30 and M5. So you will get 3 strategies for lower price, that means better equity curve, higher profits and lower drawdowns.
Everything is tested for M15 timeframe, tests are made also for M30 and M5 TF . Strategy is based on continuation of TREND by HIGHEST channel after some period of consolidation.
- It uses STOP pending orders with FIXED STOP LOSS . Strategy uses also some BREAKEVEN and PROFIT TRAILING functions to catch as much profit as possible .
- Every Friday at 9:00 pm we are closing trades to prevent weekly gaps.
- !!!Adjust these times to your broker time. Preset values are for UTC+1 only!!!
- For every candle the pending orders are modified to adapt the market behavior.
- Everything is already set up for DAX M30, M15 and M5. You need to set only the lotsize depending on the amount of capital in relation to the expected risk.
- For every timeframe you want to trade, you need to put the EA to the separate window and set original magicnumber.
EA has been backtested on more than 6-year long tick data with 99% quality of modeling and verified on 12-year long futures data. There is no need to set up parameters, all settings are already optimized and fine-tuned.
The enclosed screenshots demonstrate the complexity and coverage of the tests which every strategy of mine must fulfill:
- IS/OOS tests.
- Slippage test.
- Test on another market to verify the edge.
- Test on lower and higher timeframe.
- Robustness tests:
- Monte Carlo simulations of Randomize trades order.
- Randomly skip trades.
- Randomize strategy parameters.
- Randomize history data - volatility change.
- Sensitivity for spread and slippage.
- Walk forward matrix - verify how the strategy is adaptable to a big range of market conditions.
My recommendation is to have a look at the rest of my products, because the benefits of portfolio are diversification through the markets, timeframes, etc. Portfolio of strategies works better together in combination.
A broker with a small spread and slippage is recommended for better performance. There is no need to use a large account.
Features
- Each trade is protected by Stop Loss.
- No martingale, no grid, no scalp, no hedge, no latency, no arbitrage.
- No excessive consumption of CPU resources.
- User-friendly settings.
- All settings optimized.
- Long-term strategy.
If you have any questions, please contact me before buying.
Settings
- Lots = 0.01 - set current lot size, adjust by your capital size.
- ExitTimeOnFriday = 21.00 - every trade will be closed at this time every Friday to prevent weekly gaps. This time is UTC+1, adjust this time by your broker timezone.
- MagicNumber = 7060 - trade ID. If you want to trade also on another TFs, you need to set different magicnumber for each TF.
- CustomComment = Dax Index Multitrader - custom comment in history.
- EmailNotificationOnTrade = false - if a trade is opened, an email is sent to you; you need to setup an SMTP server in MetaTrader 4.
- DisplayInfoPanel = true - enable or disable the info panel on the chart.