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MetaTrader 5

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the-3-bar-high-ea-logo-200x200-6823
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Information

Experts
MetaTrader 5
Bruno Miguel Antunes De Sousa
2.0
10

Overview



                                                                                             READ BEFORE TESTING

Works on EURUSD

30 minutes time frame

700 points SL

Working hours: 20h-22h mt5 server time

(It also works on GBPUSD) 


This product is based on a Larry Williams strategy found in the book "Long term secrets for short term trading" optimized on trial and error with a momentum filter to squeeze out the best trades.

I managed to find solid settings to run it and be profitable for over 20 years.

Since I published this EA, in november, it still has making a awesome performance.

Before I added the 20 year backtest, but I think no one cares about that long, so I show you the latest backtest I made. One from this year's semester, and other from the last 4 years (images below). 

In this backtests I focus on limiting the max drawdown but that is up to you. 


First 2024 semester:

133 trades 

76,69% profitable trades.

25 consecutive winning trades

5,46% max drawdown 

Trading 1 lot  


Last 4 years:

1013 trades

76,51% of them winning trades 

25 consecutive winning trades

7,27% max drawdown


Can we get better results? Maybe.


This EA as the potencial to do even better I believe, the possibilities are innumerous since we can customize all the parameters we want. 

So far, I came up with that setup mentioned above with a lot of effort. I dare you to get this thing even further. 


So I am not presenting the holy grail, I am selling a consistent system with 20 years of data to back it up. 

Any question dm me,

Enjoy.

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