Comet EA Support Resistance Entries Exits
- Experten
- Ahmed Mohamed Ahmed Elaroussi
- Version: 25.1
- Aktualisiert: 9 März 2025
- Aktivierungen: 5
Sophisticated, but based on the simple concept: Sell High/Buy Low.
Key Features:
- Works on netting and hedging accounts.
- Designed with the possibility of "M1 OHLC" back testing and optimization to save time and resources. Results are highly accurate and reliable for live trading.
- Ideal drawdown (below 10%-15%) if properly optimized (recommended over a period of two years, then to be re-optimized monthly, or just if performance decreases).
- Trade entries according to support and resistance levels and their strength.
- Five options for trade exits to choose from and combine.
- Optional identifying of support and resistance levels at a higher timeframe.
- Optional controllable grid trading (enable/disable, interval, volume, max. number), with which no risk to destroy balance.
Screenshots:
- EA in action on netting account (Trading timeframe S & R solid rectangles with labels, higher timeframe S & R outlined).
- EA in action on hedging account (Trading timeframe S & R solid rectangles with labels, higher timeframe S & R outlined).
- Almost identical back test results (not claiming/guaranteeing profitability, only for comparison between M1 OHLC & Real Ticks modelling, netting & hedging back test results):
- M1 OHLC modelling on netting account (2,982,814 ticks processed).
- Same test with Real Ticks modelling on netting account (294,615,697 ticks processed).
- Same test with Real Ticks modelling on hedging account (294,615,697 ticks processed).
- Optimized input for EURUSD, obtained from parameters optimization over the period 24.12.2022 - 24.12.2024, 1/3 forward:
- Optimized input for EURUSD (H1).
- Back/forward Equity/Balance graph.
- Back test result.
- Forward test result.