An expert advisor or EA is a program with a special system that can execute automatically on the trading platform without intervention of the trader.
An expert advisor or EA is able to analyze the current market situation to make a decision.
The 50 Day Breakout System trading robot is based on the signals the price action confirmed by moving averages with periods 50 and 100
The Expert advisor 50 Day Breakout System is optimized for a time frame journaliere D1 , with all forex pairs and time frames by changing parameters
included
50Day-Breakout.mq4
50Day-Breakout.ex4
Broker Exchange - Broker Online] : platform Trading Metatrader MT4
Strategy - rules Of Trading
. Stop loss: pips
. Take Profit: pips
. Lots: -
. Trailing Stop: pips
* Buy signal:
. Run a buy order when the closing price of the day is above the highest closing price of the last 50 days.
The moving average MA50 is above the moving average MA100
* Sale signal :
Run a sell order when the closing price of the day is less than the highest price of closing of the last 50 days.
The moving average MA50 is below the moving average MA100
initial Stop Loss set at 3 times the Average True Range ATR (100)
the size of the position is calculated dynamically.
No profit target level, the purpose of the model is to follow the trend to the end.
Read more about the rules and trading signals:
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[Parameters - Test
Trade Example - backtest
Exchange - Instrument
Trading - Trading Forex Currency
Symbol - Swap FX EUR / USD
Session Trading
Time Frame / Time unit: Daily D1
. The horizontal axis represents the total number of transactions, profitable or not profitable.
. The vertical axis of the graph represents the change in deposit Dollar USD.
. The blue line on the graph represents a change in the deposit after the end of each transaction (balance)
. The green line on the graph represents a change in the balance of the transaction date (equity)
. The green bars below the graph indicate the volume of transactions.
For a portfolio :
Equity is the amount of the account is left immediately according to the changing positions and would be true in case of immediate closing of all your positions.
The balance is the sum of the account at the time of opening positions, it refreshes the progressively closing positions.
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