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MetaTrader 5

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BDF Simple Bot

bdf-simple-bot-logo-200x200-3968
580 $435 $

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Information

Experts
MetaTrader 4
Carlos Federico Beyersdorf
1.1
5

Overview


Live Account: My HotForex Real Account on FXBlue.com

 


Dear Investor,

my name is Carlos Beyersdorf from Argentina… the land of Diego Maradona and Lionel Messi. I am a Computer Engineer, trader and system developer since 2002 and in the last years, I have programmed hundreds of indicators and expert advisors. Now I want to share my expert advisor, called BDF Simple Bot.

I always kept as a goal the premise of keeping the robot as simple as possible.

BDF Simple Bot is the expert advisor resulting from programming the strategy that I used during the last years of trading.



How it works:

After calculating the market strength, a trade is placed on the market when...

1- … the closing price is greater than the opening price and the strength is greater than a certain ratio, we open a sell position

2- … the opening price is greater than the closing price and the strength is less than a certain ratio, we open a buy position.

That’s all.



Notes:

  • I have obtained the best results with GBPUSD on M1 timeframe, but can be applied to other pairs.

  • Needs a minimum account balance of u$s 2000  or equivalent.

  • Is easy to set up: just change the magic number (if needed), set balance amount you want to protect (in case of catastrophe, je), set lot size per trade and you are ready to go.

  • Backtests with high stability on 25 years (1995 - 2021) on GBPUSD M1. But as we know past performance is no guarantee of future results


Parameters explained:

  • Lots: The number of fixed lots per trade. I suggest 0.01 lots for balance of u$s 2000, 0.02 lots for balance of u$3000 and so on

  • Ammount you want to protect (self explanatory).

  • Magic Number. Unique identifier for the separation from other EAs.


I hope you can have the same results that I get day after day using my robot.

Thanks!


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