GAP and TRAIL EA
GAP and TRAIL EA Effective trading on a live account. The effect of closing the price gap (gap) is used. A trailing stop of open positions reduces risk. A minimum deposit of $10.
Features of the trading strategy
After weekends or holidays, gaps often appear on the market (gaps in price charts). According to statistics, most gaps close (the price returns to the start of the gap). The trading strategy implemented by this robot is predicated on this regularity. At the time of the gap, the robot opens the position within the direction of its closure. For each transaction, individual goals are calculated counting on the characteristics of the market. Open positions are accompanied by a robot. In the process of price movement, a trailing stop is performed on the extremes of the formed candles, which significantly reduces trading risks.
The robot has all the protections that allow it to figure successfully in adverse conditions on a true account. Also, flexible money management adapts transactions for the accumulated volumes and allows you to reinvest the funds received. All this makes the work of the robot as safe and efficient as possible.
On major currency pairs, gaps occur relatively rarely, usually after weekends or holidays. Therefore, the robot opens transactions infrequently (2-4 per month). However, transactions are very accurate and open with increased volume, providing a given high trading efficiency.
Recommendations for use
The robot is often wont to trade on any accounts. But it’s preferable to use accounts with 5-digit quotes, low spread, and high speed. Account leverage is preferably at least 1: 500.
In the case of a floating spread, when it’s possible to possess an unacceptable spread, you ought to prohibit positioning with an invalid spread value using the to regulate the spread = Yes parameter. The deal is going to be opened when the spread becomes but the worth laid out in Maximum spread.
The Maximum spread parameter must be greater than the minimum spread of a selected account. Otherwise, the robot will not work. Good results are obtained if the broker provides a hard and fast spread of no quite 10-30 points.
Optimization over time is usually not needed. However, when switching to other brokers, especially with a rise within the spread, optimization could also be necessary.
- Magic number – the magic number for orders;
- Language – robot message language (Eng / Rus);
- Trading days – allowed trading days (Only Monday / All days);
- Use money management – use of automatic capital management ( Yes / No);
- Magnification factor of the low – coefficient of linear dependence of the lot on the available funds in money management;
- Initial lot – initial lot with money management disabled;
- Size of the gap – the minimum size of the gap, which is allowed to open trades, points;
- Coefficient of the take profit – gap share used for profit (0.2-1.0);
- Stop-loss – initial stop loss, points;
- To control the spread before opening order – (Yes / No);
- Maximum spread – maximum spread for opening trades (if a To control the spread = Yes).
Testing was conducted on the quotes of the standard real account of the Alpari broker and showed the stability of the operation of the robot over long periods (3-5 years). When testing for the period 2017 – 2018 g with a starting deposit of $100, the following results were obtained (rounded): on EURUSD $30000; on GBPJPY $217000 and on GBPUSD $98000. The results are shown in the screenshots.
Register and Login to Download. Please test in a demo account first for at least a week. Also, familiarize yourself with and understand how this product works before using it in a real account. To get consistent results, this program should run on a VPS with minimal latency and no interruptions. As a result, we strongly advise you to use this program on a Reliable VPS. After completing the download in your computer or laptop you have to extract the file using WinZip software. Also check How do I Install an Expert Advisor on MT4.
Forex EA REVIEW
This Forex EA is one of the newest Forex Robot that shows itself as a very profitable low-risk trading strategy. In this forex robot review, we're going to break down the pros and cons of this automated trading system to see if it's worth purchasing for long-term trading. We hope this helps you. Wish you all the best. Happy Trading.
- Gain: 1082.93%
- Monthly Profit: 10%-50%
- Minimum Deposit: $500 Cent
- Drawdown: Maximum 25%
- Number Of Trade Per Day: 15-50
- Pair: XAUUSD, GBPUSD, EURUSD
- Time Frame: H1
- Terminal: MT4
- All trades are secured by Take Profit
- Safest EA with Scalping Strategy
- Sometimes drawdown is high
- Longer times to close trades
- Initial investment is high
- No Stop Loss
- Floating trades in the weekends
- Strict Money Management
- During a recovery, the EA can have many trades opened at the same time in the same direction
“If you don't find a way to make money while you sleep, you will work until you die.”
- Warren Buffett
MOST POPULAR FOREX ROBOT
Number One Robot for Forex Trading.
Based on Price Action and Trend Analysis with Artificial Intelligence.
Works Best with EURUSD & XAUUSD.
You can use this EA on Multiple Accounts with Life Time Premium Support.
MyFXbook, FxBlue & Live Trading Verified.
Monthly Expected Profit is 20% to 200% with very Less Drawdown.
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