Important to Know
The Expert Advisor has been rigorously tested over a 25-year back test, proving to be both highly profitable and conservative.
It maintains minimal losses while achieving returns up to 10 times greater than the average loss.
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VPS : https://fxvm.net/?aff=68215
It maintains minimal losses while achieving returns up to 10 times greater than the average loss.
Telegram : @algoldea
SETUP EUROMT5
Step 1: Selecting Risk Mode
- Choose the appropriate risk mode based on your account type:
- FTMO for a funded account.
- Custom Risk Mode for a private live account.
- There are three risk levels available:
- Conservative (low risk, safer trades).
- Moderate (balanced risk-to-reward ratio).
- Aggressive (higher risk, larger potential profits).
Step 2: Setting Risk Percentage
- Define the desired risk percentage per trade based on your risk tolerance.
- The default settings are highly conservative, ensuring small losses while maximizing profits at a 10:1 reward-to-risk ratio.
Strategy 1: No Trailing Stop (Most Profitable Strategy)
Strategy 2: Trailing Stop (More Conservative Approach)
By following these settings, the EA will secure profits in a more controlled way, making this strategy more stable but slightly less profitable than the first strategy.
Summary:
Strategy 1: No Trailing Stop (Most Profitable Strategy)
- This strategy is pre-configured and optimized, having been backtested for 25 years with long-term profitability.
- Key Parameters:
- Stop Loss: 400 points
- Take Profit: 1500 points
- No Trailing Stop (Trailing Stop Type: "No trailing stop")
- This setup allows the market to fully develop the trade without premature exits.
Strategy 2: Trailing Stop (More Conservative Approach)
- Enable Trailing Stop by selecting "Trailing Stop in Points" instead of ATR.
- Set Trailing Stop Points to 870, as shown in the image.
- Keep ATR Multiplier at 1.0, but note that it is not used in this configuration.
- This method ensures that once the trade moves in your favor, the stop loss follows the price at a distance of 870 points, locking in profits while allowing for further market movement.
