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PureMath EA

345 USD

Demo downloaded: 33

Published: 17 May 2024

Current version: 1.8

PureMath EA

Experts
Lukas Hanusek
Version: 1.8
Updated: 27 May 2024
Activations: 20

PureMath EA is not pretending to be something that is is not. PureMath is based on real day trading strategy. This EA does not use AI that cannot see the future anyways or Neural Networks that can be trained on historical data and have nice backtests because of that. PureMath EA will outperform most if not all EAs based on Neural Network learning or AI bots on this market. This EA is based on a proven trend detection breakout strategy that has high enough winrate over long run and even in shorter time periods. Each trade decision this EA makes is verified by 3 independant algorithms to calculate the best entry positions. We do not use any dangerous money management systems like grid or martingale. Do not expect trades on the day 1, this EA will choose the entry point very carefully. As of now the EA will keep open only 1 trade direction (buy or sell).

Default settings optimized for H1 EURUSD

Get your free demo copy and try to run some backtests yourself to see how this EA performs. In the screenshot section you can find some backtests againts Fusion Markets ZERO account 1:500.

Features:

No grid, no martingale, no hedging
No AI or Neural Networks or fake backtest history readers
Pure Math
Configurable lot size or dynamic lot calculation
Configurable to open only short or long trades or both
Low drowdowns
Low minimum deposit - 200 USD is enough for default settings
Default settings works (no set files needed)

Recommended best-performing settings:

Chart: EURUSD H1
Settings: default (do not change before consulting with the author)
Min deposit: 200 USD for 0.01 lot size
You should keep the EA running 24/5 nonstop
Good ECN broker with low spreads recommended (e.g: IC Markets or Fusion Markets)

Options explained:

Setting	Default	Description
Static lot size	0	0 = dynamic lot size calculation 0.01 = fixed lot size of 0.01 for each trade (minimum value)
Risk in % per transaction	2	Risk in % (for leverage 1:500, keep 1.5-2% max, for lower leverage like 1:30 this can be increased up to 10%, but keep in mind the risks involved)
Max dynamic lot size	0	Maximum allowed lot size per trade, no effect for static lot sizes (0 = maximum size defined by your broker)
Entry position mode	IC_BALANCED	FM_SCALPING (optimized for FusionMarkets) = maximum number of trades, 60-70% wins expected, higher risk FM_BALANCED (optimized for FusionMarkets) = less trades, 65-75% wins expected, more risk FM_ACCURATE (optimized for FusionMarkets) = minimum number of trades 75%+ wins expected, moderate risk, less profits, positions can be held for several months IC_BALANCED (optimized for IC_Markets) = 65%+ Winrate, optimized for ICMarkets H1 EURUSD
Close trades only in profit	false	experimental feature, do not turn on, keep it false for now
Allow buy positions	true	allow opening of new long trades
Allow sell positions	true	allow opening of new short trades
Trading days	true	select specific trading days (recommended to keep all on true)

Check out the blogpost for more detailed information about this EA: https://www.mql5.com/en/blogs/post/757774

In case of any questions you can always message me directly here on mql5. Or join the public channel to discuss this EA: https://www.mql5.com/en/channels/puremathea

Please be aware that no EA on the market can be risk free. All trading activities involve a certain risk, never use capital that you cannot afford to lose. We are not responsible for your account! Please keep in mind that past results are not a guarantee of future results.

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Version 1.8 2024.05.27

- Fixed backtesting on default metaquotes accounts

Version 1.7 2024.05.26

- Risk percent setting added
- Added presets for IC Markets and Fusion Market strategy

Version 1.6 2024.05.22

- Improved dynamic lot size calculation

Version 1.5 2024.05.20

- Improved profits

Version 1.4 2024.05.18

- Fixed maximum lot size

Version 1.3 2024.05.18

- Removed hard limit of 1 lot per transaction
- Added input to limit maximum lot size
- Added check to limit the maximum lot size for symbol

Version 1.2 2024.05.18

- Improved profitability over difficult periods

Version 1.1 2024.05.17

Removed unnecessary debug related prints.