POWER h4

This expert tries to benefit from mean returning behavior. The full strategy can be found at link (Portuguese post).

Real profitable strategy being used by a lot of people manually, now automatized!

Parameters:

• p1: Distance from EMA13 to EMA200 according to the strategy
• UseMoneySteps: Enable/disable money management for step mode
• MoneyStep: Amount of money to increase one minimal lot
• UseMoneyPercentage: Enable/disable money management based on percentage and stoploss
• MoneyPercentage: Percentage to risk every order
• Lots: Fixed lot size
• StopLoss: Stoploss value in pips, if 0, then disabled
• TakeProfit: Takeprofit value in pips, if 0, then disabled
• MagicNumber: Magic number for EA's orders
• Slippage: Maximum allowed deviation (in pips) of the price by opening
• SpreadLimit: Maximum allowed spread in pips
• OrdersLimit: Maximum allowed opened orders at same time, if 0, then disabled
• MinMargingLevel: Minimum free marging level
• BreakEvenPips: Pips to move into breakeven, if 0, then disabled
• MoveToBreakEven: Pips to move to breakeven, if 0, then disabled
• TraillingStopDistance: Pips for traillingStop distance, if 0, then disabled

Backtests: backtests were executed using professional recommendations such as:

• Higher average spread than normal (chances of the expert doing better on real accounts than on backtests is greater).
• Spreads used: 30 points on tickstory + 9 points on MT4
• Delay between orders signal and orders execution. Delay of 5 seconds in average per order execution
• Backtested using tickstory 99% quality model tick-by-tick