This EA has been stress-tested over the full available history of the forex pairs that it uses.
During these stress tests, the EA was profitable in every month from 2007 till today as you can see on the screenshots below.
The EA uses the advanced SVG-algorithm (Smart Variable Grid), which doesn't add grid trades at fixed distance, but will analyze the market moves to determine the grid positions.
I have put much effort in getting a good Risk/Reward ratio and strong recovery factor for this EA. So you have multiple ways to control risk and drawdown, and the EA will recover fast from any potential loss.
To prevent account crashes, there are multiple ways to put a "worst case scenario" SL on each grid. Ranging from a SL based on maximum historical drawdown, to a much tighter SL to prevent big losses. These are just "worst case scenario" SL's to prevent the high equity drawdowns or account crashes that most EA's on the market experience.
All modes works great, but you can choose which one feels most comfortable for you.
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Simple Forex Tools
King Robot V6.11 MT4.rar
635.2 KB
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CheckForRepainting.ex4
13.7 KB
this indicator that can test with 100% confidence if an indi is a repainter or not
Just put the right settings and run the indicator in the strategy tester (any TF)
wait for 100 bars (or the number you define), and check the results in the logs every N bars
Settings
extern string IndiName = "";
put here the indi name to test
extern string buffersToTest = "0,1,2,3";
put the buffer numbers you want to check, separated by commas
extern int verifyEveryNBars = 100;//Verify Repainting Every N Bars
it will compare recorded and retrieved values every N bars
extern int precision = 1;// precision (multiples of Point value)
Precision of the test. For convenience I use "Point()" value for checking if values are identical or not.
extern bool printDetail = false;
if you want the detail of both values, from the recorded ones to the retrieved ones.
extern bool skipFirstValue = true; //skip first value (because can be different even on non-repainters)
I recommend leaving it to TRUE, because you can have sometimes a different value of the very first value even with non-repainters (don't ask me why)
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CoreX G MT4 1428+.rar
448.7 KB
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Simple Forex Tools
Gold High v 5.10 MT4 1428+.rar
341.7 KB
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Simple Forex Tools
ORION GOLD SCALPER V4.0 MT4 1428+.rar
120.5 KB
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SimpleForex RSI SCALPER.ex5
31.4 KB
LOW RISK SETINGS
RsiPeriods = 9;
RsiSellTrigger = 80;
RsiSellTrigger = 35;
TpPoints = 212;
MEDIUM RISK SETINGS
RsiPeriods = 7;
RsiSellTrigger = 80;
RsiSellTrigger = 40;
TpPoints = 211;
HIGH RISK SETINGS
RsiPeriods = 5;
RsiSellTrigger = 85;
RsiSellTrigger = 40;
TpPoints = 212;
RsiPeriods = 9;
RsiSellTrigger = 80;
RsiSellTrigger = 35;
TpPoints = 212;
MEDIUM RISK SETINGS
RsiPeriods = 7;
RsiSellTrigger = 80;
RsiSellTrigger = 40;
TpPoints = 211;
HIGH RISK SETINGS
RsiPeriods = 5;
RsiSellTrigger = 85;
RsiSellTrigger = 40;
TpPoints = 212;
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