Use with USDJPY. For best results with my Universal EA - JesVersal EA, use this settings: 00:00 to 19:00GMT, trail 160 points, step 170 points. SL 400 points, TP 1500 points or whatever you want. optionally you can set Kelechi to true then use 50ema and 50 max lookback bars. type JES-USDJPY into the IndicatorName in the JesVersal EA, put 0 in the first buffer input and 1 in the second buffer input, leave the rest at -1 (very important). Contact the Author for other currency pairs.
For the universal EA JesVersal: If IndicatorName is not used, then make sure it is left empty. if any buffer input field is not needed, make sure the field is left at -1(very important). Make sure indicator isn't expired as EA may take wrong signals/trades from expired indicators. Always test on demo first.
JesLyn boolean will be explained in the next video coming soon.
One indicator or settings doesn't fit it all(pairs) that is a naive take. Different currencies act and move differently, hence pair specific strategies and settings.
The boolean "JesLyn" is used for trade management in some strategies and some currency pairs where such a style is suited. It's an anti-Martingale kind of strategy. that takes a trade in the opposite direction of the current/previous trade, and depending on the set threshold desired by the trader.
It is the opposite of the Boolean Kelechi, which tries to take trades in the same direction as the previous trade with an ema filter. Something I call a logical Martingale
Re: Enjoy this highly accurate system
Posted: Mon Jul 15, 2024 11:06 pm
by Kratos
Forex profit test from 01/01/2024 - July 2024
pair: Usdjpy
Timeframe: M5
MT5: Strategy tester
Initial/Start Balance: $10,000
2% of Balance - dynamic lot sizing
SL 400
TP 2300
Trail 160
Step 170
Enabled the Kelechi boolean (50ema, 50 bar max lookback)
Peak Balance: $33k
Final Balance: $24k
Net profit: $14k plus
Disabled the Kelechi boolean
peak Balance: $30k
Final Balance: $21k plus
Net profit: $11k plus
The Kelechi Boolean did have an effect.
Traders what are your settings and result? Please post.
Re: Enjoy this highly accurate system
Posted: Sun Jul 21, 2024 3:33 am
by Kratos
Forex profit test from 01/01/2024 - July 2024
pair: Usdjpy
Timeframe: M5
MT5: Strategy tester
Initial/Start Balance: $10,000
2% of Balance - dynamic lot sizing
SL 400
TP 3000
Trail 160
Step 170
Enabled the JesLyn boolean (70)
peak Balance: $36k
Final Balance: $31k plus
Net profit: $21k plus
Disabled the JesLyn boolean
peak Balance: $30k
Final Balance: $20k plus
Net profit: $10k plus