Preview
We are pleased to present a Expert Advisor (EA) designed for automated trading on the British Pound / US Dollar (GBP/USD) currency pair. This EA is uniquely designed to trade without technical indicators, relying instead on volatility dynamics and key price levels - Open, High, Low and Close (OHLC).
The system supports both long and short positions and is specifically designed to work on daily bars, making it a multiday trading strategy. Every trade is protected by predefined stop-loss and take-profit levels to maintain risk control.
The performance results, presented on our YouTube channel, reflect a non-optimised version of the system. This is intentional, to avoid overfitting and provide a realistic representation of the EA's behaviour under different market conditions. For traders who wish to customise their strategy, key parameters such as lot size, take profit, stop loss and other variables can be adjusted on demand to suit individual risk profiles and trading objectives.
The development, testing and analysis of this EA were conducted under the following parameters:
- Starting capital: 1,000€
- Fixed lot size: 0,01
- Position types: Long and Short
- Martingale or Hedging: No
- Leverage: 30
- Maximum open positions: 1
This post provides a detailed overview of EA's performance metrics, giving traders a clear view of its historical and situational effectiveness. This allows users to make informed decisions about integrating EA into their trading systems.
The final section includes the current operational status of the system, which may change if the EA is replaced or deactivated. Subscribers can download the EA executable file free of charge, ready for immediate integration with the MetaTrader 4 (MT4) platform, as long as the system remains active.
A unified space for all resources, a single framework for every trader.