This expert tries to benefit from mean returning behavior. The full strategy can be found at link (Portuguese post).
Real profitable strategy being used by a lot of people manually, now automatized!
Parameters:
- p1 : Distance from EMA13 to EMA200 according to the strategy
- UseMoneySteps : Enable/disable money management for step mode
- MoneyStep : Amount of money to increase one minimal lot
- UseMoneyPercentage : Enable/disable money management based on percentage and stoploss
- MoneyPercentage : Percentage to risk every order
- Lots : Fixed lot size
- StopLoss : Stoploss value in pips, if 0, then disabled
- TakeProfit : Takeprofit value in pips, if 0, then disabled
- MagicNumber : Magic number for EA's orders
- Slippage : Maximum allowed deviation (in pips) of the price by opening
- SpreadLimit : Maximum allowed spread in pips
- OrdersLimit : Maximum allowed opened orders at same time, if 0, then disabled
- MinMargingLevel : Minimum free marging level
- BreakEvenPips : Pips to move into breakeven, if 0, then disabled
- MoveToBreakEven : Pips to move to breakeven, if 0, then disabled
- TraillingStopDistance : Pips for traillingStop distance, if 0, then disabled
Backtests: backtests were executed using professional recommendations such as:
- Higher average spread than normal (chances of the expert doing better on real accounts than on backtests is greater).
- Spreads used: 30 points on tickstory + 9 points on MT4
- Delay between orders signal and orders execution. Delay of 5 seconds in average per order execution
- Backtested using tickstory 99% quality model tick-by-tick
