Market / MetaTrader 4 / Experts /

POWER h4

99 USD

Demo downloaded: 34

Published: 22 March 2020

Current version: 1.1

POWER h4

Experts
Michel Fernando Da Silva Gatti
Version: 1.1
Updated: 3 April 2020
Activations: 5

This expert tries to benefit from mean returning behavior. The full strategy can be found at link (Portuguese post).

Real profitable strategy being used by a lot of people manually, now automatized!

Parameters:

p1: Distance from EMA13 to EMA200 according to the strategy
UseMoneySteps: Enable/disable money management for step mode
MoneyStep: Amount of money to increase one minimal lot
UseMoneyPercentage: Enable/disable money management based on percentage and stoploss
MoneyPercentage: Percentage to risk every order
Lots: Fixed lot size
StopLoss: Stoploss value in pips, if 0, then disabled
TakeProfit: Takeprofit value in pips, if 0, then disabled
MagicNumber: Magic number for EA's orders
Slippage: Maximum allowed deviation (in pips) of the price by opening
SpreadLimit: Maximum allowed spread in pips
OrdersLimit: Maximum allowed opened orders at same time, if 0, then disabled
MinMargingLevel: Minimum free marging level
BreakEvenPips: Pips to move into breakeven, if 0, then disabled
MoveToBreakEven: Pips to move to breakeven, if 0, then disabled
TraillingStopDistance: Pips for traillingStop distance, if 0, then disabled

Backtests: backtests were executed using professional recommendations such as:

Higher average spread than normal (chances of the expert doing better on real accounts than on backtests is greater).
Spreads used: 30 points on tickstory + 9 points on MT4
Delay between orders signal and orders execution. Delay of 5 seconds in average per order execution
Backtested using tickstory 99% quality model tick-by-tick

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Version 1.1 2020.04.03

V1.01: improvements on the money management with stop loss and money percentage.