Profitable Low Drawdown Correlation (GBPUSD+USDCHF) EA.

[Ajay Kshatriya]

OK,

OK,does SL work ?incase market behave stupid?

Yes SL work

 

[JERRY ACHI]

Yes SL work

ok good,i will try too.,provide link to mql5 signal to your live account

 

[Theerch Luangsawangwong]

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 the both EA? Please advise m

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 EA Setting GBPUSD? Please advise us.
e.

 

[JERRY ACHI]

Yes SL work

i made sure i used the settings you provided,ea did not close orders when profit $2.8 ,why is this so? also,is SL invincible to broker becos ea did not place SL on opened orders.

 

[Ajay Kshatriya]

I think your setting with your equity does not match.
Will you share me AnyDesk so that I will correct it.

 

[Ajay Kshatriya]

i made sure i used the settings you provided,ea did not close orders when profit $2.8 ,why is this so? also,is SL invincible to broker becos ea did not place SL on opened orders.

What equity you are using?

 

[JERRY ACHI]

What equity you are using?

my equity $300 deposit.. how do you i set ea for different equity..? i set exactly as pix

 

[Ajay Kshatriya]

my equity $300 deposit.. how do you i set ea for different equity..? i set exactly as pix

Keep equity target to 302.Rest of the setting is ok.

 

[JERRY ACHI]

ok what if the equity later increase to $500,do need to keep changing equity target setting?

 

[Ajay Kshatriya]

ok what if the equity later increase to $500,do need to keep changing equity target setting?

No need to set it later. Only at the start you have keep your initial equity as a equity target .
For example if your equity is $500 then keep equity target = 500+2=502.

 

[JERRY ACHI]

No need to set it later. Only at the start you have keep your initial equity as a equity target .
For example if your equity is $500 then keep equity target = 500+2=502.

ok thanks,this means no matter how my equity increased from currently balance $300,equity target remains $302. i believe i get right.

 

[Ajay Kshatriya]

ok thanks,this means no matter how my equity increased from currently balance $300,equity target remains $302. i believe i get right.

You are right

 

[Ajay Kshatriya]

You are right

No need to change equity target after each basket profit

 

[JERRY ACHI]

can higher timeframe of H1 be used? just asking

 

[Marryjane]

MQL4 plzzzz

 

[Ajay Kshatriya]

Sure You can used it with H1 as well

 

[JERRY ACHI]

ok great.let see how the new week goes.have a great weekend.

 

[Joerg Kappler]

Are your shure that GU with USDCHF is the best pair. Korrelation is always moving. My fx book shows it, depending on the timeframe every 15 min. To impoof your expert, but it is not easy to program, to read out the best korrelation every 15 min par example and to choice between USDCHF or EURGBP or another major or minor (not exotic) pair together with GU? - only an idea -

 

[JERRY ACHI]

this ea should not trade over the weekend,stop trading from friday.big gaps can affect it

 

[Ajay Kshatriya]

Switch to H1 from 15M timeframe will keep your drawdown low as low position opens.