ReefRide

Through the last years, I invested thousands of dollars in the Forex Market and in EAs. I learned the hard way how to follow some necessary steps in order to build up a profitable strategy through the necessary principals that can make a strategy robust profitable.

I understood that the most important thing while come is to protect your capital. I learned by experience that It is more effective to take less risk on highly potential trade entries instead of entering more trades in more risky conditions.I have dedicated more tan two years in designing and testing ReefRide. and I am convinced that ReefRide is Ready to help traders reach their goals. The evidence lies in the results they produce.

ReefRide is designed to trade on a specific list of Forex symbols. ReefRide works only with the identified Forex Symbols.

We selected the most profitable and less correlated Forex pairs in order to reduce the dependency to one specific currency and maximise your profits.

ReefRide system is to catch the best potential divergence opportunities with potentially most highly effective trades entries combining price action with technical analysis indicators on multiple Timeframes.

The core concept of ReefRide is to find the divergence between the price and its RSI indicator.

Indicators are not magic, they need to be combined with price actions for more effective trades entries.

Divergence occurs when the price is moving in the opposite direction of the RSI indicator. This can be used as an early indication of trade change.

Example : A price make a higher high and RSI make a lower low, this situation is a typical divergence indication and is it resulting a reversal of price.

You will have few trades per month for every pair.

This EA is has been stress tested for 25 years.

Key Features:

* Very easy to use: install on chart. The EA will determine lotsize fully automatic

* No grid/No Martingale/No risky risk management

* good results over the full historical data for EURJPY, GBPCHF and AUDCAD (25 years)

* Minimum account balance: 1000$

* Minimum leverage 1:500

Features:

● Trading style: Price action combined with technical indicators

● Supported currency pairs: EURJPY, GBPCHF and AUDCAD

● Timeframe: EURJPY H1 (1 hour)

● Not sensitive to slippages

● Profit calculator

Simply run on EURJPY H1 using default settings. 

Parameters

ReefRide will run with the default parameters and automatic.

ReefRide need to be attached to EURJPY H1 chart.

Trade Pairs : You can choose your favorite pairs from the list of the three identified pairs EURJPY, GBPCHF and AUDCAD. we noticed with the back-testing process that EURJPY is the most profitable pair. Our final advise is to activate ReefRide for the three pairs at the same time to maximize the potential profits with the compound effect.

Risk Mode : You can choose from the three following risk modes depending on your risk-averse level :

• LOW risk mode

• MODERATE risk mode

• HIGH risk mode

Back-testing

Before ever deciding to trade with an Expert Advisor, it is a good idea to back-test it.

Back-testing is a method of analyzing how well a trading strategy could perform by applying it to historical data from the real world. It helps you compare different strategies and choose the one that gives you the best results.

The idea behind back-testing is that strategies that worked well in the past are likely to perform well in similar market conditions in the present and future. By testing trading plans on previous

datasets that closely match current market conditions, you can see how they would have performed before actually making any trades.

However, it's important to remember that back-testing doesn't guarantee success in the current market. Past results are not a foolproof indicator of future performance.

Back-testing is simply a part of doing your research before entering a trade. It helps you understand the potential volatility of an asset and take steps to manage your risk accordingly.

You should also keep in mind that real trades involve fees that may not be considered in backtests.

It's crucial to account for these trading costs when conducting simulations, as they will affect the profit-loss margins on a live trading account.

We are constantly back-test all of our Expert Advisors, with real tick data and 100% accuracy trading history.

As a first back-testing and to increase the speed you can use 1 minute OTC data but we recommend you to use real tick data and 100% accuracy trading history before buying the Expert Advisor.

Here you have descriptions to +25 years back-tests for ReefRide with different currency pairs.

Please notice that Reef Pair works exclusively with the mentioned symbols (EURJPY, AUCAD, GBPCHF).