JPY Chip MT5

JPY Chip MT5 is the result of many hours of testing and validation wich works with several indicators such as Alligator, Bears Power, Envelopes and others. It is an expert advisor that demonstrates consistency and long-lasting results over the long term. Check the backtest in the images.

Advantages of the advisor:

• Does not use risky strategies like grid or martingale
• Use traditional SL and TP with fixed points on the chart + indicators that can close trades before reaching one or another
• Low drawdown (Backtest images show results with one lot. You can perform your own backtest by varying the number of lots according to your risk tolerance)
• Can be used in proprietary trading firms
• Risk management 
• News filter

Recommendations:

• Asset: USDJPY
• Timeframe: M30
• Minimum deposit: $1000
• Account type: Any

Warnings: There is no miracle strategy! All expert advisors experience drawdown/stagnation periods! The secret to success as an algotrader is to have a portfolio with different strategies and assets operating in unrelated markets. This way, when one EA is in drawdown, others may perform well, allowing your capital curve to be profitable. That said, its better to buy consistent EAs at affordable prices, so you can build your portfolio without having to spend a fortune on extremely expensive EAs that often don't deliver everything they promise! Also remember that past performance is not a guarantee of future profits.