Market / MetaTrader 5 / Experts /

Cable Swinger

30 USD

Demo downloaded: 32

Published: 22 November 2023

Current version: 1.0

Cable Swinger

Experts
Tony Dennis Thomas Davis
Version: 1.0
Activations: 5

Cable Swinger is a Long and Short trend following EA built specifically for GBPUSD (Cable) and DOES NOT use any grid or Martingale concepts, Instead it is build on quality statistically significant edges.
This strategy was developed on data from 2003 - 2017, all trades after 2018 are completely out of sample to ensure stability and performance.
Minimal configurable settings to avoid confusing complex variable's, Cable Swinger is build to work on GMT+2 brokers with default settings although is configurable for other time zones.
This is a fully automated EA, giving you the freedom and time to go about your day while the EA does all the work.
Backtest results can be found in the screenshots.

Risk / Money Management:

Any account size works well with this EA as long as you use a percentage risk from Balance.
Money Management options include percentage risk from balance or fixed lots.
Every order uses a stop loss and all positions are closed on Fridays to avoid weekend gap risks.
Risk per trade is recommended to never exceed 3%.
Adjustable time window parameters included to avoid market opening spread hours.
Max spread filter option included to avoid trading in high spread conditions.

Settings:

Currency Pairs: GBPUSD
Account Type: Classic, ECN, PRO
Leverage: Any Leverage
Timeframe: H1
Settings: Default
Minimal/Recommended Deposit: $300/$1000
Compatibility with Other EAs: Yes
Money Management = True = Fixed Percent of Balance Risked.
Money Management = False = Fixed lots based on "Size if no MM" Input.
Money Management = Size Decimals = How many digits after the decimal place your broker quotes. (Default setting will work with most brokers).

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