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New EA MT5-PendulumEA

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PendulumEA
This expert is a grid system.
It opens positions in a unique way, and closes positions using an exclusive technique to limit the DD.

ACCOUNT CONDITION
MT5 platform
Hedge account
10,000 balance or higher
1:500 leverage or higher
0.01 minimum lot size
500-600 simultaneously open orders at least.

Expert run 24/7 on EURUSD M1 chart.

EXPERT LIMITATION
This version working only on DEMO account.
Expired 31.10.2024

Anyone who wants can try it for a whole year on a demo account.
Don't ask me why I'm releasing the expert.
Don't ask me what I will do after the expert expires.
Let time pass and I will decide by then.

Live results of expert on OctaFX demo account: PendulumEA



Back testing 1 year
PendulumEA-1year BT.PNG
 

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Last edited:
Many brokers have a limit of no more than 200 simultaneously open orders...
Closing 500-600 orders requires a lot of time and good liquidity, during which the price will go in the other direction and there will be a loss...
Even closing 10 orders is already a problem, for example on news or high heels...
This is a toy for a demo account...
You are partly right.
The expert does not close all positions at once, it closes part of them.
But your opinion is respected.

You can see in the image below exactly what is happening. In the second time, it closes more positions...
 

Attachments

  • PendulumEA 20-10-2023-1.PNG
    PendulumEA 20-10-2023-1.PNG
    197.1 KB · Views: 105
Thanks for the EA. Default setting on EURUSD m1. $10,000 minimum is enormous capital for the average player.
 
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