SP500 Daily Move Catcher
- Experts
- Cristian Alexander Aravena Danin
- Version: 1.1
- Updated: 31 May 2024
- Activations: 10
NO MARTINGALE!!⚠️⚠️
NO GRID!!⚠️⚠️
PROVED OVER A 1000 TRADES!!✅✅
USE IN S&P500
PROPFIRM READY
This EA take advantage of the volatility in the beginning of the most traded session (NY session) to catch the daily move, doing the same at the end of the session and, if the conditions are ideal, it leaves the trade open until the next day session catching big profit.
This EA uses a real strategy with a simple risk/reward ratio of 2 to 1.
The EA may have drawdown periods or losing streaks,meaning it does not show a perfect equity curve on the chart like other EAs since, as I said, it uses a real strategy that aims to be profitable in the long term, just how real trading is.
Unlike other eas that present unrealistic results, this EA doesn't use grid or martingale so it can't crash.
The price differences between brokers mean that the EA has different performances depending on the broker used, the ideal performance is in the ICMARKETS broker.
RECOMENDATIONS:
Use ICMarkets broker.
Use a 5 min chart
Use in S&P500
Minimum 200 usd account with 1:500 leverage minimum.
Use an account with low spread.
Inputs:
RiskAmmount: 0.0 (default) It is the fixed amount you want to risk per trade, unlike "RiskPercent" it does not vary depending on the equity of the account. (Recomended for propfirm) (if you want to use RiskPercent, leave this parameter at 0)
RiskPercent: 1.5 (default) Is the percentage of the account you want to risk per trade. (Higher risk means higher reward but also higher drawdown).
