I’ve construct a very special EA, a kind of EA for FX Brokers, Investors and IB agents!
In this thread i will post the results, i am testing on Demo account at True ECN broker who give’s me the same conditions as real account, leverage 1:100 ( but can work also with 1:50 ).
The EA works on all Pairs (spreads from 0.5 to 5, depend of the pair) as Basket EA on 3 different TimeFrames - M5, M15 and M30 for entries and exits, but uses Multi-TimeFrame filter for general trend directions.
EA not uses Scalp trades, all are swing trades and keep positions more than 20-30 minutes. sometime it closes fast if there is some big movements, sometime keeps longer period if there is no liquidity at market ( that means the execution and slipage will not affect to much in General Results).
EA do not open multiple orders per side, only 2 orders with same lot size on one TF ( as i mentioned it works on all pairs with 3 TF’s per pair, so maximum orders per pair and side is 6 orders with same lot size and controled MM.
EA uses simple SL and TP, no martingale, no increasing lot sizes and in most cases have some hedged positions but for short period. Orders are closing in positive and negative balance and never keep loosing positions more than 10-11 hours.
EA trades around 3000 - 4000 trades per month, for capital of 20K lot size is 0.01 standard, for capital of 200K will use 0.1 lots, for 2 millions 1 standard lot and so on… ( 3000/4000 trades X 1 standard lot = 9000/12000 USD monthly if you get IB rebates 3 USD per lot, if you get more you can count by self. ( Do never ask broker to mark up greedy spread or commission, just use your IB rebates by agreement with broker and use prime spreads and commissions!!!)
Margin level for Leverage of 1:100 will never come in danger level!
Note: I Can’t share this EA, i don’t want to see it tomorrow reproduced and for sell from scammers, hence we have worked on it long period.
Also be informed that is not for Sale!
The only way for cooperation is partnership with all interested investors with no less than 1 000 000 USD/EUR Capital! (please do not send me messages to share the EA, here i will post the true results)
Also you can choose your own broker who you trust, but i will investigate their conditions before start real!