Price Distance MA - 100% Automated Tradi (Price Distance MA - 100% Automated Tradi)
Hey everyone,
I wanted to share this EA with you all because I believe it is more beneficial to use it than to let it gather dust in my archives.
I've run multiple versions of this EA, but this particular version can also be profitable once you figure out the right setup and pairing. It even works with offline Renko charts.
While it may not be the absolute best, you can rely on it to consistently generate revenue because it's 100% automated. Think this is my way of giving back to the community.
This EA is inspired by:
https://www.forexfactory.com/thread/...lping-strategy
concept:
After the candle closes, once the price reaches a certain number of pips from the MA, trading begins.
Once the price hits the moving average, all open trades will be closed.
The EA will open subsequent trades based on the specified spread from the previous trade.
After many backtests, we arrived at an ideal and consistent setup that was repeated over and over again.
In extreme market conditions, we also get possible retracements, which is the basis on which we set our stop losses on stocks.
In this setup we have EURUSD - M30
Fixed lot size is 0.01
Maximum withdrawal amount is $170
8 years of 99.9% quality backtesting, variable spreads
With the right compounding and a large starting capital, you can maximize your potential when running on different currency pairs.
Do not run this program in real time unless you understand how it works.
The given settings file is only suitable for EURUSD M30. If you want to use a currency pair other than EURUSD, you'll need to research other currency pairs.
(Important: Testing without variable propagation is useless)
I wanted to share this EA with you all because I believe it is more beneficial to use it than to let it gather dust in my archives.
I've run multiple versions of this EA, but this particular version can also be profitable once you figure out the right setup and pairing. It even works with offline Renko charts.
While it may not be the absolute best, you can rely on it to consistently generate revenue because it's 100% automated. Think this is my way of giving back to the community.
This EA is inspired by:
https://www.forexfactory.com/thread/...lping-strategy
concept:
After the candle closes, once the price reaches a certain number of pips from the MA, trading begins.
Once the price hits the moving average, all open trades will be closed.
The EA will open subsequent trades based on the specified spread from the previous trade.
After many backtests, we arrived at an ideal and consistent setup that was repeated over and over again.
In extreme market conditions, we also get possible retracements, which is the basis on which we set our stop losses on stocks.
In this setup we have EURUSD - M30
Fixed lot size is 0.01
Maximum withdrawal amount is $170
8 years of 99.9% quality backtesting, variable spreads
With the right compounding and a large starting capital, you can maximize your potential when running on different currency pairs.
Do not run this program in real time unless you understand how it works.
The given settings file is only suitable for EURUSD M30. If you want to use a currency pair other than EURUSD, you'll need to research other currency pairs.
(Important: Testing without variable propagation is useless)
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