Profitable Low Drawdown Correlation (GBPUSD+USDCHF) EA.

This EA works on Negative correlation between GBPUSD and USDCHF.

Works best on 15 Min. timeframe.

Maximum Drawdown seen around 10 to 15%.

Minimum balance require to run this EA is $200

Keep the magic number same for both EA.

AS it is correlation EA back testing is not allowed.

 

how to set ea ?

 

What about settings fot GBP/USD?

 

Open 15 M chart of GBPUSD and USDCHF. Attach USDCHF SELL EA oon USDCHF pair and GBPUSD BUY EA on GBPUSD pair.
Keep the same setting for both EA. Keep same magic number.

 

Same setting for USDCHF and GBPUSD. Keep same magic number on both ea.

 

Open 15 M chart of GBPUSD and USDCHF. Attach USDCHF SELL EA oon USDCHF pair and GBPUSD BUY EA on GBPUSD pair.
Keep the same setting for both EA. Keep same magic number.
Same setting for USDCHF and GBPUSD. Keep same magic number on both ea.

 

what about equityraisedbyXafterclose setting ?
it should be 2 or 50?

 

Keep it 2

 

When the equity raise to $2 it will close all open position.

 

I will start with USD200 deposit.
I will keep equityraisedbyXafterclose USD10.
if I equity reach to USD210, then all trades will be closed ?

 

Keep it to $2 so that you should exit earlier and re-enter trade earlier.
Keeping $2 profit will curve up profitability at the end of day.

 

I think this ea will not be profitable for long period.
sometimes (SEP.26TH 2022) the GU downed almost 600 pips but UCHF increased only 250 pips.

 

The DD can get very high and burn the account...maybe Buy Buy or Sell Sell is better

 

Not intersting ea.
For trading correlation new smarthedge ea is better.

 

This is my review for this thread:
Nice try!

 

Using new smarthedge ea since 01 november on this signal

 

This is interesting ea, however this is need to attach both ea on each pair
How to attach ea on one pair and working trade on two pair?

 

This ea is waste of time or waste of money.

 

It had given more than 25% return since this Monday to my accounts. Kindly check history of my account.
Login 70074784
Pssword Trader123
Server Exness- Trial 9

 

Kindly check my account history.

Kindly check the history of my accounts.