FIA Resurrection Candle Pattern
FIA Resurrection Candle Pattern trades in accordance with certain candlestick patterns. It works best on hourly, daily and weekly charts.
Features
- In this Expert Advisor are no restrictions on the trade in any symbol
- Designed for Martingale
- Slippage, spreads and the commission does not matter.
- Suitable for any type of account and broker that supports automated trading using expert advisors.
requirements
- Lot Size: Lot size should not be less than the allowed minimum size incl symbol.
- Other options: with the exception of lot size parameter, all the parameters must be integers
- Deposit: $ 2500, it is desirable or more to 0.01 lots.
Change in the parameters of:
In accordance with the level of risk, a trader can set the parameters in its sole discretion, if there is an opportunity to get better performance than with the default settings. With proper adjustment of parameters, the advisor can be a useful tool for day trading or short term trading.
Options
- Trading_Mode - Trading Mode: Aggressive (aggressive), Neutral (Neutral), Conservative (Conservative). Aggressive mode should be simple representation of the rules candlestick patterns. Neutral mode follows the same rules, but the rules expects confirmation of the pattern. Conservative regime gives more confirmation to enter the trade, but this EA is often more conservative regime does not mean greater profits and lower drawdowns.
- LotSize - The initial size of the trading cycle of the lot.
- AlphaGo_ID - Advisor magic number, allows you to run EA on different symbols and timeframes. To do this, simply enter the different integer values.
- slippage - Control the level of slippage when entering into a transaction. 1 is 1 pip.
- Martinfactor - factor for the implementation of the martingale strategy. If the value is 1 Martingale not applicable.
Test results
Test results on the EURUSD since the beginning of 2015 on April 2016 with the default settings. During testing, the adviser worked around the clock and did not avoid the news and economic events. Traders need to set up and test an expert on their platforms to minimize the expected level of risk, and organization of the expected profit from the trade.
recommendations
This EA can be a tool, a good solution for automated trading. Advisor recommended that you use on a daily chart.
To reduce the level of risk should be avoided release of macroeconomic news and events.
To carry out work on different pairs and create a profitable strategy, settings must be configured in accordance with market conditions.
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