ETH Now

ETH Now - Expert Advisor for ETHUSD (M30 Timeframe)

Overview

ETH Now is a meticulously designed Expert Advisor (EA) for trading ETHUSD on the M30 timeframe. This EA combines trend-following and momentum-based strategies to deliver consistent performance, trading actively every day to capture market opportunities. With a focus on risk management and profitability, ETH Now is an excellent choice for traders looking to navigate the cryptocurrency market.

Key Advantages

• Strong Profitability: Achieves a Total Net Profit of $7382.61 with a Gross Profit of $7832.70, showcasing its earning potential over 526 trades.

• High Recovery Factor: Boasts a Recovery Factor of 21.67, indicating excellent recovery from drawdowns and resilience in challenging conditions.

• Low Drawdown: Features a Balance Drawdown Maximal of 159.82 and an Equity Drawdown Maximal of 194.81, ensuring controlled risk exposure.

• High Win Rate: Records a 63.91% win rate on short trades and a 51.54% win rate on long trades, with a Profit Factor of 2.33, reflecting a solid reward-to-risk ratio.

• Daily Trading: Actively trades every day, maximizing opportunities in the ETHUSD market, with a focus on high-activity hours (6-18 UTC, as shown in the entries by hours chart).

How It Works

ETH Now employs a multi-indicator strategy to identify high-probability trade setups:

• Trend Identification: Uses Hull Moving Average (Period 12) and MACD (Fast: 31, Slow: 45, Signal: 10) to confirm the market trend and momentum.

• Momentum Confirmation: Incorporates Williams %R (Period 167) and Ichimoku Kinko Hyo (Tenkan: 9, Kijun: 26, Senkou: 52) to validate entry points, ensuring trades align with market direction.

• Risk Management: Implements stop-loss (2.3x multiplier) and take-profit (2.2x multiplier) levels, with a maximum loss capped at 198.20 (as seen in the largest loss trade).

• Volatility Adjustment: Adjusts trade parameters using a move stop-loss break-even coefficient of 2.2, securing profits as trades progress.

The EA focuses on active trading days like Tuesday to Thursday (entries by weekdays chart) and avoids low-volatility periods (e.g., June and July, as shown in the entries by months chart), ensuring efficient trade execution.

Trading Logic

ETH Now is designed to capitalize on ETHUSD's trending behavior while maintaining strict risk control:

• Trend-Following Core: Combines Hull Moving Average and MACD to identify strong trends, ensuring trades are taken in the direction of the dominant market movement.

• Momentum-Driven Entries: Uses Williams %R and Ichimoku Kinko Hyo to confirm momentum, reducing false signals and improving trade reliability.

• Risk Control: With an Equity Drawdown Maximal of 194.81, the EA ensures losses are limited, protecting your account during volatile periods.

• Daily Activity: Trades every day, focusing on high-probability setups during active market hours (6-18 UTC), as shown in the entries by hours chart.

Suggested Starting Capital

Based on the Equity Drawdown Maximal of 194.81, a starting capital of $200 is recommended. This provides a buffer to cover the maximum drawdown, ensuring your account can handle potential losses while the EA operates. Adjust your lot size according to your risk tolerance, with the mmRiskedMoney parameter set to 80 for balanced risk management.

Why Choose ETH Now?

• Proven Results: Backtested with a Total Net Profit of $7382.61 and a Gross Profit of $7832.70, demonstrating its effectiveness over 526 trades.

• High Recovery: A Recovery Factor of 21.67 ensures the EA can recover quickly from drawdowns, as seen in the consistent profit growth.

• Efficient Trading: Actively trades daily, with a Sharpe Ratio of 6.66, indicating strong risk-adjusted returns.

• Time Optimization: Targets high-probability trading hours (6-18 UTC) and active weekdays (Tuesday to Thursday), maximizing market opportunities.