EA Description:
This EA is best in the trending markets. It's main purpose is to find strong enough moves and than enter at the pullback of that move with high risk reward.
You can just set it and forget. EA is indicator based strategy that works best with high risk-reward ratio.
Works best on higher timeframes.. 15M+
Recommended starting capital: 1000€/1000$
Indicators used:
RSI: This is used to define how strong are the moves and when to enter at the pullback.
Exponencial Moving Average: This is used as trend confirmation for entries.
ATR: This is used for SL placement.
Other Parameters:
Trading hours: Specifies when EA will open trades for you.
Take profit multiplicator: Specifies Risk-Reward Ratio.
Risk per trade: Multiplies your account balance and risk that per trade. (0.01 means 1% risk per trade)
Link for backtesting results: https://drive.google.com/drive/folders/1-8_nf_yoR1Iet6Le2mteDEl5uP-cqj3w?usp=sharing
