Gold trades 3002 H1
PLEASE READ DESCRIPTION BEFORE BUY OR RENT EA
This EA is NOT created by an optimization of data from the past. In fact it is easy to create a "super" equity curve (as I refer to it as "go to the space equity curve") by optimizing parameters and overfitting historical data. It is possible to identify an array of parameters that optimize the data from historical times. But it is the PAST data that is the most important. The key is to identify a strategies that will work in the near future. For these reasons my strategies have good result on backtest (they should be profitable of course in the past) but the most important thing is that they are crucial they are ROBUST.
I tried my EA on:
- from 2008 to 2019 data
- on long "Out of sample period" (about 5 years)
- on different timeframe (M15;M30;H1)
- with slippage test (simutate with higher levels of slippage)
- with skip trades test (simulate that a trade may skips with a certain probability)
- with several tests of robustness (several montecarlo tests using parameters that vary)
- with Walf forward matrix test
Note that the best strategy to make money is to have an portfolio of 10 strategies: different strategies, different crosses, different timespans, or even all of them.
The strategy is a fully automated Expert Advisor on XAUUSD with no use of martingale, scalping etc. It is reccomended for investing over the medium-long-term. It is very safe (see details)
download INDICATORS here: https://drive.google.com/drive/folders/1joO3BTTqTmNIFUvqPH-PiKUgNwyXD06t?usp=sharing
It works with different timeframes:
- Gold: H1 (reccomended), m30, H4
This EA can be utilized with different crosses, timeframe and with other my EAs to build a very stable and robust portfolio.
Very low DD as you can see in the an image.
It passed tests for ROBUSTNESS (montecarlo walk forward matrix Slippage)
There is no leverage requirement. If you use more EAs 1:30 is ok
You can choose to use a fixed amount (100$ 200$ or whatever you like) or money management (risk percent) ---> You can set the Risk Percentage: suggested 1%-3 percent (max DD of 8-20 (about 8-20%)
With fixed order value (100 Euro) the backtest DD is low (see the screenshot).
On EA you can set various parametersand trading time
If you do not already have an ICMarkets account and you want utilize ICMarkets (you can use the broker you wish to use) !!!) you can use the following link in order to have reduced commissions (you will save 21% on commission) https://www.icmarkets.com/?camp=37877