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Re: EAs or indicators from Chinese Forex circles are posted here

Jedidiah, Wed Sep 14, 2022 2:13 am

The following is the original words of the Chinese sharer



I believe everyone must have seen this EA in the community. I don't know how you are using it now.
In fact, thinking about it carefully, this Martin is still very good. It's just that you didn't consider the parameters,
The picture below is the statistics of my hanging for 3 months. There is bound to be some loss in holding a position. As Martin, this is normal.
Trading products include gold and currencies. The parameters of gold are relatively stricter than billing requirements. All major unilaterals in gold over the past three months can be handled as risk is filtered out. For the relative currency parameters, I set the middle and low values. If the setting is stricter, the backtest will definitely be lower. However, currency is risking faster than gold, and it's not that much riskier.
Below are the statistics.

The system is very easy to use, the parameters can be set, and if the risk is controlled, the amount of stop loss can be directly reached. You can also use the trailing stop loss for the product, and you can also use multiple indicators to open an order after the conditions are met, which is quite diverse.

It is estimated that most people in the community have introduced that you use M1 brushing, but I do not recommend that you do M1 brushing. Although the profit is fast, if you want to be stable, it is recommended that you hang H1 or higher, or H1 parameters with higher parameters , EA is very good, the parameters are not whitewashed.

Such a strategy is not suitable for aggressive friends, but for stable and patient friends.
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