Index Daily Breakout
- Experten
- Cristian Alexander Aravena Danin
- Version: 1.21
- Aktualisiert: 8 November 2024
- Aktivierungen: 10
NO MARTINGALE, NO GRID, NO ARBITRAGE, NO NEURAL NETWORKS
10+ YEARS TEST
Index Daily breakout is an EA that trades the US30/DowJones daily breakout; it doesn't use martingale or grid; It uses a real strategy and just makes a simple trade with a trailing stop loss.
You can set the desired risk per trade, using a flat amount in USD or using a percentage of the account equity. I recommend using the percentage risk and not using more than 2%. Keep in mind that a higher risk means a higher reward but also bigger drawdowns.
Brokers tested: ICMarkets, FPMarkets, Pepperstone, FusionMarkets (These are the brokers tested; it may work in others that I haven't tested yet) They had different performances; the one with the best performance was ICMarkets.
Working on making a signal for the EA; once the signal is done, the EA price will increase!!
HOW TO USE:
The use of the ea is very simple; just use it in a US30 1H chart.
The ea has to be running at all times, so I recommend using a 24/7 VPS.
IT'S IMPORTANT TO USE AN ACCOUNT WITH NO COMMISSIONS ON INDEXES OR THE EA WON'T WORK AS INTENDED❗ ❗
Having low spreads is good but not vital, so if you have to choose, use an account with spread but no commission over an account with commissions and low spread.
I recommend using the raw spread account from IC Markets as it has low spreads and no commission on indexes.
min deposit: $100 with 1:100 leverage (Keep in mind that using a low deposit can result in a higher risk than desired because the ea will have to trade with the broker's minimum lot size)
Recommended deposit: $500 1:100
PARAMETERS:
Magic Number: It's just a number to identify the trades made by the EA.
USD Risk: It's a fixed amount at risk per trade (set this to 0 to use the %Risk).
Percentage %Risk: It's a percentage of the account equity at risk per trade. (Recommended) (a value higher than 2% is high risk)
Allow Trade Short.
Allow Trade Long. ( I recommend allowing both long and short )