As the title, how to use EA correctly? Most people think that EA is hanging, so don’t worry about it! wrong! EA will never have human wisdom! EA is a trading system and a strategy. But it cannot replace people to judge risks. Below is my instruction manual for using the EA. The algorithm is done by EA, and the risk control is done by me
Trend + lock type EA, instruction manual .
Before introducing EA, let's briefly talk about what is "pair lock". Pair lock is also what we often call "lock position". Or "reverse increase". For example, in a wave of market, we are bullish. At this time, we placed a buy order first, but the market just fell. At this time, we can reverse and place a sell order. No matter whether the market is going up or down in the future, our floating loss has been locked, so that our loss will not continue to expand. When the market turns around, we can slowly unlock it to achieve the process of profit. "Locking" is also a risk control method that many trading masters like to use.
EA principle: This EA judges the trend based on the golden cross of the moving average, and uses the lock method to realize automatic trading.
We all know that the market is risky. No matter how good the EA is, there is no EA that can completely guarantee that no risk will occur. If there is, please give me one. I am willing to buy it with 1 million.
Likewise, my EA is no exception. Each EA has advantages and disadvantages, the key point is that we need to understand the characteristics of EA, so that we can use it better.
EA parameters:
1. Number of open positions: 0.01 The number of open orders for the first order
2. Stop loss: 1000 points (small point)
3. Take profit: 500 points (small point)
4. Multiple: 2 times (first order * multiple = the number of hands of the second order * multiple = the number of hands of the third order)
5. Continue trading after closing the position: true (start the next order immediately after closing the position) false (no more orders after closing the position)
users can choose to open or Close
6. Enable fund management ture (open) false (close)
when the variety reaches N orders, close the position
when the variety's floating loss reaches N US dollars, close the position
when the total account floating loss reaches N US dollars, close the position,
enable the fund management function, which can be customized according to the user Set
a large cycle moving average: 10
Small-period moving average: 5
Moving average type: simple
Backtest:
This is a one-year backtest of the Euro data. This is a normal stp account.
Suggestions for use: This ea can use any variety, without limiting the platform. There is not much requirement for point difference. When using it, you can do multiple currency exchanges, and direct trading is preferred. Radical $1,000 can run. Of course, the bigger the capital, the smaller the risk. Personally, I suggest that if you make a firm offer, use 10,000 US dollars (conservative, stable) to do Europe, America, pound US, US Japan, US Canada, Swiss francs, New Zealand US, Australia US at the same time. Starting from 0.01 lots. The parameters are the parameters of the manual, and the cycle is 4 hours.
If you also use ea trading, you may wish to comment and discuss how you use it!
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