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The EurUsd Prospector

Welcome to The EurUsd Prospector!

The EurUsd Prospector is a sophisticated Expert Advisor (EA) designed to trade the EUR/USD pair on the H1 timeframe. This EA combines four distinct strategies into a robust portfolio, leveraging 15 different indicators such as Linear Regression, Bollinger Bands, and Heikin Ashi. These indicators help identify trends and set precise stop order levels, ensuring a disciplined approach to trading without employing risky techniques like martingale or grid strategies.

Key Features:

  1. Multi-Strategy Portfolio:

    • Integrates four independent strategies working in tandem on the H1 timeframe.
    • Utilizes 15 diverse indicators to enhance decision-making.
  2. Safe Trading Methods:

    • Employs only stop orders to enter positions.
    • Each trade is protected by fixed or trailing stop losses, depending on the strategy.
  3. Extensive Backtesting:

    • Built and tested on 21 years of EUR/USD data from Dukascopy and Admirals.
    • Passed rigorous robustness checks with 100 Monte Carlo simulations for each strategy.
  4. Low Correlation:

    • The four strategies have low correlation (between 0.08 and 0.22), reducing overall portfolio risk.

Requirements and Recommendations:

  • Currency Pair: EUR/USD
  • Timeframe: H1
  • Minimum Deposit:
    • $10,000 or €10,000 with a leverage of 30
    • $1,000 or €1,000 with a leverage of 100 or higher
  • Account Type: Hedge

Backtesting:

  • Timeframe: H1
  • Data: 1-minute OHLC
  • Duration: Full 21-year backtest takes approximately 8 hours on a standard PC.
    • Recommended to perform shorter tests (2-4 years) for quicker insights.

Additional Specifications:

  • Symbol Configuration: Ensure the correct symbol format (with pre- or suffix) for EUR/USD.
  • Manual Strategy Control: Option to disable any strategy via input settings (not recommended).
  • Robust Money Management: Built-in self-explanatory money management functions.
  • VPS Recommendation: For optimal performance, use a VPS to run the EA 24/7.
  • Risk Management: Start with a low-risk setting and adjust based on performance.

A Final Note:

The EurUsd Prospector embodies the determination and endurance of the gold hunters in the Klondike of 1896. Patience is key, as this EA is designed to provide consistent, stable results over time. Your feedback and suggestions for improvement are always welcome and appreciated.



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Stanislav Tomilov
4.26 (27)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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Gregory Hay
4.84 (19)
benvenuto a       Versione GoldExcel EA MT5   , trading valido per la coppia di valute XAUUSD (GOLD) di oggi. È stato progettato dal nostro team per gestire account regolari, account sponsorizzati e attività. Non utilizzare il trading ad alta frequenza. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Il prezzo iniziale aumenta ogni poche settimane. JinZhuo       Questa è una strategia di trading giornaliero che utilizza solo coppie d'oro. Le coppie d'oro sono idea
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Mansour Babasafary
4.38 (13)
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
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Thi Thu Ha Hoang
4.7 (27)
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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Stanislav Tomilov
4.8 (35)
Aura White Edition is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPUSD,
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Guillaume Duportal
4.92 (39)
Darwin SWING Prezzo di lancio 999 USD, prezzo futuro 1490 USD DESCRIZIONI : -- Per capire come funziona, leggete il blog (Questo EA riflette la mia filosofia di trading sul forex... Se vi piace il mio modo di vedere le cose, allora vi piacerà il mio EA. Prendetevi il tempo per farlo! (Il Forex non è una gara): https://www.mql5.com/en/blogs/post/745790 -- Per vedere le performance passate ecco i link ai segnali Segnali live e demo: https://www.mql5.com/en/users/tradedeal/seller
Altri dall’autore
EuroDollar EdgeBot: Advanced EUR/USD Trading Algorithm Overview: EuroDollar EdgeBot is a state-of-the-art Forex trading algorithm designed specifically for the EUR/USD currency pair. Leveraging advanced strategies like linear regression, Kaufman's Adaptive Moving Average (KAMA), Heikin Ashi, and underlying price analysis, it aims to maximize returns while minimizing risks. Key Features: Linear Regression: Utilizes statistical analysis to predict price trends. Kaufman's Adaptive Moving Average (
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Versione 1.1 2024.05.13
Major bug fix i.e. if-condition with Volume Limit check didn´t work as expected.
Now the backtest and live trading work perfectly fine.