Ares CCI Breakout EURJPY
- Experts
- Romain Jean Philippe J Chatry
- Version: 1.0
- Activations: 5
ARES - CCI Breakout EURJPY is an MQL5 Expert Advisor meticulously crafted by a team of algorithmic traders with over a decade of experience. Our mission is to provide a robust, reliable, and profitable trading tool that stands the test of time.
Trading is NOT a get-rich-quick scheme! Long-term investment in stable EAs is crucial for sustainable growth. ARES - CCI Breakout EURJPY is designed for traders committed to long-term success. Remember, no trading strategy wins every single months in the long-term. If you come across something that appears to, there is a catch.
Real-Time Market Adaptability: Our Expert Advisor dynamically adjusts to market conditions using a sophisticated protocol that identifies optimal trading ranges based on currency volatility. This ensures that ARES - CCI Breakout EURJPY stays in sync with the market, maximizing your trading opportunities.
Superior Risk Management: Protect your trading capital with our advanced risk management workflow. Strategic stop-loss placements combined with a unique trailing stop-loss mechanism allow you to secure profits while minimizing potential losses. ARES - CCI Breakout EURJPY is designed to let trends run their course while safeguarding against sudden reversals.
No GRID, No MARTINGALE: ARES - CCI Breakout EURJPY is engineered to capitalize on market trends without the risks associated with GRID or MARTINGALE strategies. Our EA focuses on achieving substantial profits through its distinctive trailing method, offering a balanced blend of risk management, precise target price placements, and optimal trade management.
Data-Driven Performance: Backed by comprehensive historical data analysis from 2010 to 2023, ARES - CCI Breakout EURJPY leverages high-quality data to ensure consistent and reliable performance. All testing is run with commission and spread to reflect live market condition. Remember, the quality of your inputs directly affects your outputs!
Recommended Settings:
- Currency Pair: EURJPY
- Minimum Deposit: $1,000 (Optimal is $3,000 or more)
- Timezone: GMT +2 (Adjust if your broker’s server time differs)
- Account Type: ECN or Raw with low spreads - Hedging account
- Brokers: Any broker (perform due diligence). For reference, we use Blueberry Markets.
- Leverage: Minimum 1:100
- VPS: Highly recommended for 24/7 operation. We use AWS Lightsail and recommend setting up your VPS close to your broker’s server location to minimize latency.
Specifications:
- Timeframe: 4 Hours
- Stop-Loss: Average True Range (ATR)
- Setup: Range Breakout (the range width is adjusted with the volatility)
- Indicator: Commodity Channel Index (CCI)
- Trailing Method: Active
- Constants: Pre-optimized for best performance, no changes needed. Please refer to screenshot if you ended up modifying them.
- Risk Management: Recommended risk is 0.3% to 1% of your capital. For high-risk/high-reward traders, increase the risk percentage to 2%.