Celaeno EA is based on a low risk averaging strategy and has an advanced safety coding algorithm structure in place. The strategy is a combination of multiple custom built indicators and filters. Finally, after years of testing and researching my team managed to develop a safe averaging system that could be used in the long run. The EA opens trades in the opposite direction and makes the profit when the trend reverses.
We are using this EA for ourselves we highly recommend to test this EA on your “Strategy Tester” for your own assurance. In the “Strategy Tester” you will clearly see that the test is real and not curve fitted or any other form of manipulation that some people do unfortunately. You can also see that in the last 8 years the EA has never failed or blown the account if you follow the low risk setting.
Unfortunately, many averaging systems fail which is down to risk management and no proper emergency safety parameters and indicators installed. That is not the case with this EA as multilayer safety structure is integrated and clearly seen in the strategy tester.
This EA is not sensitive to spread, nor to slippage. It can be used on almost most of the reputable brokers. It can be placed on any currency chart individually, nevertheless it is not recommended to trade with correlated pairs.
Real Monitoring Account MT5 Version: https://www.mql5.com/en/signals/1977098?source=Site +Signals+My
Features
Recommended Deposit A minimum of $5000
Recommended to use on M5
Leverage 1:500
Parameters
The current default parameters of this Expert Advisor are optimized for EURUSD pair. You just need to place it on the chart on M5 timeframe.
Setfile for EURUSD will be provided in the comment section
Recommendations
It is highly recommended to use a broker with a low spread. Average Spread should be below 15 on the traded pairs. The higher the spread, the lesser the profit.
Minimum balance of 5000 USD to allow for a low drawdown.
