Apostle EA - Trendy Martingale Forex EA suitable for various currency pairs. It offers a high entry accuracy rate and combines Martingale to seize quick exits during pullbacks, with an average trade duration of approximately 2 hours. This strategy prioritizes improving entry accuracy by sacrificing trade volume. Please be patient while waiting for the strategy to open trades.
Resources include three recommended parameter files, backtesting references, and more.
Primary Currency Pairs: Recommended EURGBP/USDJPY (or multi-currency combinations). Primary Timeframes: H1/M30 timeframes. Recommended Platform: Low spread ECN platforms.
EURGBP Full-Year 2018 Data: Profit of 300%, maximum drawdown of 30%.
Note 1: Recommended Parameter 1: Start with 0.05 lot size for 1-hour timeframe. If you want to change the lot size, you can change 0.05 to 0.01. Recommended Parameter 2: Use USDJPY with a 30-minute timeframe. The initial lot size for Parameter 2 is 0.05 lots, and the take profit in money is 125. If you modify the lot size to 0.01, the corresponding take profit in money should be 20. Recommended Parameter 3: Start with 0.01 lot size for all currencies at a 15-minute or 1-hour timeframe. Personal recommendation: Use Parameter 2 and Parameter 3.
Note 2:
You should use a low spread platform. Avoid trading the GBP and gold series. Those with technical knowledge are best advised to use a live trading account alongside a simulated account for duplication. You understand this principle.
Forex EA Installation Steps:
After purchasing, copy the Ex4 file to the MT4 platform's MQL4/Experts folder.
Restart the MT platform or, within MT4, navigate to "View" -> "Navigator," right-click on "EA Trading," and select "Refresh."
Initially, open the currency pairs and drag the strategy onto the chart. There is no need to open charts for other currencies.
There is no 100% accurate trading system in the world. Every excellent trading system has periodic flaws. Having an extra reference signal is like having extra guidance. Wishing everyone success in the near future!
