The Neurolite Expert Advisor offers trade decisions based on a neural network trained on 5-years of real tick data. Trading is performed only on the EUR/USD currency pair. Its main peculiarity is a small amount of input parameters so as to facilitate the working process of users. The Neurolite EA will fine-tune all the parameters for you.
This Expert Advisor is based on the previously released Neurolite EA gbpusd , which was adjusted for successful trading on the EUR/USD currency pair.
Trading Strategy
The system does NOT use dangerous strategies such as averaging or martingale , but strictly adheres to neural network instructions. Stop loss is set to every trade. Similar to the new version of the Neurolite EA gbpusd , it is possible to set either trailing_stop or take_profit . The EA implements a system of avoiding numerous market entries when positions are closed in a loss. Trading can be carried out with different frequency, depending on the market situation: from 10 trades per day to 1 or 2 trades in a few weeks.
The maximum drawdown depends on the ‘volume_deposit_load_percent’ parameter. You are free to choose favorable risk/profit ratio, although it is also possible to set a fixed lot. You can use the EA on both 5-digit and 4-digit quotes (for 4-digit quotes, decrease the default TP, SL and trailing stop by 10 times). Minimal deposit requirement starts from $100, however, do not forget that the minimal trade volume of your broker might be risky for such a small deposit. The recommended initial deposit is $1000 and higher.
Input parameters
- volume_const - lot size (for using a fixed volume)
- volume_deposit_load_percent - estimated deposit load for the system to follow (set to 0 for fixed volume)
- notify_email (true/false) - email notification about opening or closing a trade
- notify_mobile (true/false) - push-notification to a mobile device about opening or closing a trade
- stop_loss - desired stop loss in points
- take_profit - desired take profit in points (set to 0 to trade without take profit)
- trailing_stop - desired trailing stop in points (set to 0 to trade without trailing stop)
- max_orders_count - desired number of positions opened at a time. This parameter together with deposit load influences the lot volume in a trade.
- sl_wait_seconds - the number of seconds to pause trading in the case of an unsuccessful trade. (Already configured, just as order_open_timeout_seconds - change only to experiment )
- order_open_timeout_seconds - the delay in seconds between opening two adjacent trades. (Already configured, just as sl_wait_seconds - change only to experiment )
Made by:
Mikhail Astashkevich and Alexander Solovev – programmers, algorithm and data structure specialists, carrying out research in the field of neural networks and machine learning. Feel free to contact us if any clarification is needed.
