Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
Perpetual EA is a survivable Forex robot that trades range false breakouts. The EA code uses Data Science methods to recognize price ranges and predict the size of future volatility.
Live signal of real account https://www.mql5.com/en/signals/2278827
Trading strategy
The EA opens positions using false breakouts of strong price levels. The robot closes trades both by Take Profit and by using several closing signals. If the EA has not closed the position yet, and the current price range has ended, then the position can be closed at new price levels (see screenshots for examples).
Thus, the EA buys on the support line and sells on the resistance line. Most often, there is an unclear trend in the market, but if the trend can be unambiguously identified, then the robot does not open positions against the trend direction.
The robot applies four different betting strategies. In addition, the EA applies additional rules to increase profit in a good market or reduce losses in a bad market.
Requirements and Default settings
- Recommended symbol EURUSD
- Recommended timeframe M15
- Any type of account
- Recommended leverage 1 : 500
- Minimum deposit 200 USD
You can simply install the EA on the price chart and start trading. However, if you want to change the settings of the robot, then you can find a detailed guide on my blog: Perpetual EA - User Guide.
If you have questions, contact me and I'll help you to set up the robot. For more information, please visit my personal website listed in my profile.
The robot was published using the Remove Comments utility.
