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Palacio EA

I am Fran Contreras, Co-founder and CEO of the PymeHelp & Finances Private Investment Pool. As a professional trader with extensive experience, my passion for investments and algorithmic trading has guided my path. Over the years, I have dedicated my time to honing my skills in the financial market, which has allowed me to share my knowledge. I am committed to helping others understand the world of trading and effective strategies for success in the field of "Smart Investing".


Access to my professional history:

https://www.francontreras.com


The “Palacio” Expert Advisor uses a fairly simple imitation of a neural network (programs that imitate the functioning of the human nervous system) to produce buy and sell signals as well as trailing stops. In this case, it is not a true neural network since it does not learn from the market. Instead, the trader needs to optimize it for the market in order to use the parameters that ensure the best performance.


Its action guide, along with other of our Trading Bots, serve to simulate the development of the main ETFs in the European market in the same way that our PH1 & PH2 Portfolios does:


https://www.mql5.com/es/users/glaseador/seller


It uses Bill Williams' Accelerator/Decelerator oscillators which are weighted according to the parameters used. In addition, it is designed to review the free margin of the account and stop trading if you are close to bankruptcy.


  • It uses a stop loss of 80 pips by default as well as trailing stops while controlling a rational take profit for the protection and evolution of the account.

  • On average, winning trades generate 71 pips.

  • It produces the best results on GBP/USD on 1 hour and daily time frame.

  • On average, he performs about 18 operations per month.

Below are the parameters and results for this EA:

  • Stop Loss: Variable.

  • Take Profit: Variable.

  • Currency pairs: All.

  • Time Frames: All.

  • Best results obtained: GBP/USD with a 1 Hour and Daily frame.

  • Profit percentage: 34%.

  • Maximum Drawdown: 9%.

Note: This EA is ideal for ECN brokers.


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