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Suggestion Auto Fx Power EA

mar7in

mar7in

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Strategy:

The EA uses different strategies to take a position,
After that, it manages a sequence to win.
The EA has different and useful capabilities. e.g Concurrent trading, if set it to false, if there are another trades open in your account, the EA doesn't open new trades.
or, if you set Concurrent_trading true, and Max Draw down to 0.03, if we have other trades open but the draw down is less than 3% the EA starts another trade when triggered, ...


Monthly Return: More than 10%
Expected Draw Down: Less than 20%

Currency Pairs:
AUDUSD - EURCHF - GBPUSD - EURGBP - XAUUSD - EURUSD

Time Frame:
AutoFxPower_1:
H1

AutoFxPower_2:
M5-M15-M30-H1-H4

Settings:
Learn to work with Strategy tester and optimizer to find safe settings in at least past 10 months
or
Use provided set files

Minimum capital: $1000 for 0.02 Lot (Can be run on cent accounts)

Warning:
The EA can return a high profit, but if you don't want to burn your account, always try to keep your draw down around 10%, this way if market behavior changes, most likely your account can survive with a higher draw down, and you won't become stop out.

Below you can download Trial EAs and Set files. ​

* Note: All my set files are for H1 Time Frame.

​
 

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Last edited:
* Important Setting fields:

AutoFxPower_1:
LotExponent
Default Pips
Glubina
TakeProfit
TP_MoneyPerCapital

AutoFxPower_2:
Strategy
Lot_Multiplier
Range
Range_Multiplier
Take_Profit
TP_Multiplier

* For example EURCHF works good with Range <=20 but GBPUSD with Range=50.

*You can set Concurrent_Trading to false, and run several pairs at the same time with minimum risk.

when you want to use optimization or Back testing, first you should make sure you have all data for the period that you need,
preferably use
tools -> History Center,
and download all time frames data for the specific pair.
 
The following set file (AutoFxPower_1) gives more than 5% monthly with less than 10% Draw Down, optimized in last 10 months
Can be run with other pairs at the same time
I use spread 12 (1.2) when testing.
Note that if you want to increase lot size, you should increase TP_MoneyPerCapital as well

May be you can find better settings if you spend some time on optimization..
 

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Last edited:
Thank you for sharing. It looks very interesting and promising.
Already run tests on demo account. Regards
 
blkmethod said:
you use both EAs, please explain how to use it
Click to expand...
Find your best settings of any pair, then load it on the chart, some strategies trades less, so you can run several EAs on charts and use concurrent_trading and max_DrawDown field to reduce the risk
remember to use different magic numbers if you use more than 1 EA for 1 pair
What else you want to know?
 
This one is better, about than 4% monthly, less than 10% DD
AutoFxPower_2 GBPUSD - H1 - spread 14 (1.4)
 

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Adam53 said:
Thank you for sharing. It looks very interesting and promising.
Already run tests on demo account. Regards
Click to expand...
Sound good to hear, wishes will share performance ea on this week
might be carefully today there are news high impact NFP
might some ea can't work well on this circumstances
 
mar7in said:
Strategy:

The EA uses different strategies to take a position,
After that, it manages a sequence to win.
The EA has different and useful capabilities. e.g Concurrent trading, if set it to false, if there are another trades open in your account, the EA doesn't open new trades.
or, if you set Concurrent_trading true, and Max Draw down to 0.03, if we have other trades open but the draw down is less than 3% the EA starts another trade when triggered, ...


Monthly Return: More than 10%
Expected Draw Down: Less than 20%

Currency Pairs:
AUDUSD - EURCHF - GBPUSD - EURUSD

Time Frame:
AutoFxPower_1:
H1

AutoFxPower_2:
M5-M15-M30-H1-H4

Settings:
Learn to work with Strategy tester and optimizer to find safe settings in at least past 10 months
or
Use provided set files

Minimum capital: $1000 for 0.02 Lot (Can be run on cent accounts)

Warning:
The EA can return a high profit, but if you don't want to burn your account, always try to keep your draw down around 10%, this way if market behavior changes, most likely your account can survive with a higher draw down, and you won't become stop out.

You can Download 2 EAs and AUDUSD Set files, Absolutely for free. ​

​
Click to expand...

are you running any forward teste for this on myfxbook e.g. ?
 
No, I don't have a forward test, sorry
But Such an EA gives most likely the same results as what it gives in back test, because it's not a sensitive scalper which trades for several pips, and also it doesn't use trailing
But I always say: Don't get greedy, Avoid Draw Down, don't become stop out!
 
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