Audusd boss
AUDUSD Trading Expert Advisor:
Overview
10-13% Drawdown(DD)
***Updated with customization Options***
This Expert Advisor (EA) is designed for trading AUDUSD on a 30-minute timeframe. It utilizes Moving Averages (MAs) and Parabolic SAR (PSAR) indicators to generate buy and sell signals. The EA ensures that trades have a stop loss (SL) and take profit (TP) to manage risk effectively.
Key Features
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Trading Strategy:
- Indicators Used:
- Moving Averages (MA): Two MAs (Fast and Slow) are used to determine trends.
- Parabolic SAR (PSAR): Provides trend direction and potential reversal points
- Indicators Used:
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Trade Management:
- Stop Loss (SL): Configurable, in points.
- Take Profit (TP): Configurable, in points.
- Lot Size: Recommended fixed lot size is 0.20 for a $1000 equity for safe trading. Higher lot sizes (e.g., 0.80) can be used for increased risk and potential returns.
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Trading Conditions:
- Best Timeframe for AUDUSD: 30-minute chart.
Performance and Risk Management
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Historical Performance:
- The strategy has been effective from July 2023 to now.
- Market characteristics can change, affecting strategy performance over time.
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Drawdown Awareness:
- Be cautious of drawdowns, especially when modifying lot sizes. Higher lot sizes increase risk but also potential returns.
Broker Recommendations
- Broker Selection: Use a broker with low spreads and zero commission. IC Markets is recommended for optimal results.
- Avoid: Brokers with high spreads or interest systems on accounts.
Demo Testing and Purchase Information
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Testing Instructions:
- Set the period from July 2023 to July 2024. (****as this strategy start from this date and before was reverse so test on this time)
- Use your choices lot based on your equity
- Optimization should be disabled.
- Ensure modeling is set to "Every tick."
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Support:
- If you need assistance with demo testing, support is available
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Purchase Information:
- Purchasing includes updates and support. Please provide feedback and reviews.
Disclaimer
- Performance Expectations: This EA does not promise to turn $1,000 into millions. The strategy is designed for consistent results and manageable risk.
- Sometimes it may drawdown as low but take time to up up...
Contact Information
- Questions: Contact me if you have any questions or need further clarification.
Thank You.
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