Very SIMPLE LONG/SHORT STRATEGY with only FEW PARAMETERS. Strategy is based on the breakout of the PIVOTS on the daily chart. It enters if volatility raise after some time of consolidation. It uses STOP pending orders with ATR STOP LOSS. To catch more profits there is a TRAILING PROFIT function in the strategy.

1. EA has been backtested on more than 20-year long tick data with 99% quality of modeling.
2. Everything is already set up for USDJPY H1 timeframe. There is no need to set up parameters, all settings are already optimized and fine-tuned.
3. You need to set only the Fixed Lotsize (or Risk Fixed % Of Balance) depending on the amount of capital in relation to the expected risk.
4. At 8:00 pm we are closing trading every Friday to prevent from weekly gaps. !!!Adjust this time to your broker time. Preset values are for UTC+2 only!!!
5. In the backtest is not used any Moneymanagement, its only a backtest for the lowest possible position - 0.01 lots.

• System parameter permutation - method how to reasonably estimate the long-run expected performance of a trading system.
• IS/OOS tests.
• Slippage test.
• Test on another market to verify the edge.
• Test on lower and higher timeframe.
• Monte Carlo Robustness tests:
• Simulations of Randomize trades order.
• Randomly skip trades.
• Randomize strategy parameters.
• Randomize history data - volatility change.
• Sensitivity for spread and slippage.
• Walk forward matrix - verify how the strategy is adaptable to a big range of market conditions.

My recommendation is to have a look at the rest of my products, because the benefits of portfolio are diversification through the markets, timeframes, etc. Portfolio of strategies works better together in combination.

A broker with a small spread and slippage is recommended for better performance. There is no need to use a large account.

Features

• Each trade is protected by Stop Loss.
• No martingale, no grid, no scalp, no hedge, no latency, no arbitrage.
• No excessive consumption of CPU resources.
• User-friendly settings.
• All settings optimized.
• Long-term strategy.

If you have any questions, please contact me before buying.

Settings

• CustomComment = Pivots USDJPY H1 - custom comment in history.
• MagicNumber = 170122105 - unique trade ID, if you want to trade multiple EAs in one account.
• UseMoneyManagement = false/true - if you want to trade only fixedlots use FALSE. If you want to risk % of balance you need to set this to TRUE.
• mmRiskPercent = 1 - If UseMoneyManagement is set to TRUE, you set the risk in Fixed Percentage of balance.
• mmLotsIfNoMM = 0.01 - If UseMoneyManagement is set to FALSE, you set the Fixed Lotsize here.
• FridayExitTime = 20:00 - Every trade will be closed at this time every Friday to prevent weekly gaps. This time is UTC+2, adjust this time by your broker timezone.