Potosi EA
- Experts
- Jose Luis Thenier Villa
- Versione: 2.0
- Aggiornato: 9 giugno 2024
- Attivazioni: 10
Potosí EA, in honor of the Imperial Villa of Potosí, once the richest city in the world.
Potosí EA is a customizable expert advisor that trades in several currency pairs, but its oscillators have demonstrated high specificity in NZDCAD, AUDCAD, USDCAD and EURGBP.
The advisor is based on the following principles:
- The market is not linear, any linear and exponential backtesting goes against the laws of nature and the market, no time period is the same as another and therefore you cannot always expect the same results.
- The market should not know our operations, for this we use our own indicators that allow execution and verify conditions very frequently. Furthermore, the SL and TP values are managed from the terminal and not from the broker's side to protect us from manipulations.
- The oscillators and discriminators used have been reduced to 6 variables, which allows it to be optimized for use in any currency pair through optimization processes.
- We know that trading with stop-loss is trading 101, but think about it, when an SL is executed, it is executed at the worst price for that cycle, Potosi EA will close losing positions when the probability of profits has been significantly reduced, and always will do it at a better price than with a hard SL.
- For those who like martingales, we include customizable multipliers, if you don't like them simply leave them at 1.
Recommendations:
- Trading pairs: NZDCAD and AUDCAD
- Timeframe: M15
- Minimum deposit: 1000 USD
- Leverage: >1:100 recomended, lower leverage options (1:30) only with specific and restricted settings.
- Account type: ECN, RAW, Razor or any other with low spreads
Options:
- Lot size per 1000 units: Size of the operation per 1000 units (always verify in backtesting, especially for accounts in JPY)
- Multiplier for trades 1-5, 6-10 and 11-15, as indicated in the description
- Maxtrades: Maximum number of operations for that symbol
- Avoidance: Custom oscillator (recommended 50-100)
- Distance: Custom oscillator (recommended between 10 and 50)
- Rejection: Custom indicator for taking profits (recommended 100-500)
- Obstination: Custom indicator to recycle profit taking (recommended 100-300)
- Love: Purity of opening indicators (signal/noise ratio)
- Passion: Demand for opening indicators
- Intolerance: Harmonics distance
- NEW: Collectivity and Individualism are hard TP settings to be applied to all or single trades
Live trading: https://www.mql5.com/en/signals/1059619
Launch price for the first 10 buyers, next price 699 USD.
Warning:
Before using Potosí EA, be aware of the risks involved in trading, and automated trading in particular, the developer cannot guarantee the correct functioning of your terminal and broker. Past results are no guarantee of future results. Do not trade with money you are not willing to lose.
Once you buy, please write me for specific settings.
Default settings are recommended.
Once EA is loaded in chart, please wait some minutes to let the EA collect the variables, when EA is working the panel will show up.