Buy Snowballed MT5

Snowballed MT5
V2.2

There is a live signal on one of the most trusted brokers (icmarkets), he took more risk as you can see on the lotsize in the signal history.
Drawdown is a little higher because of that, but he got more profit from that ofcourse.

I backtested it from 2020, with auto management turned on, and it shows crazy results.
* I know, it can be manipulated, but that is possible with every ea / backtest.

The strategy is based on multicurrency hedging, and I think we should give it a try.
Backtest yourself and make your decission.


Product description:

* Forgetting those strategies with no stoploss, or with very, very large stoploss, their capital curves look very perfect, but they will destroy your trading account at last, that's where they're going to end up.

* True gold does not fear the fire! Now, you can only pay a minimum capital of USD30 to try out the EA.


Strategy Summary:
- It's a full-automatic short-term trading EA, no Martingale, no Grid.
- With low stoploss for all trades (defaults from 30 pips to 120 pips base on the volatility of FX pair, normally, the higher volatility using higher stoploss).
- The average of position holding time are about 3 hours.
- With protect function of account drawdown.

Live trading tracking: https://www.mql5.com/en/signals/1607553

Supported FX pairs:
- Main pairs (12 sets, recommended):
EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD, EURGBP, AUDNZD, EURAUD, EURCAD, CHFJPY, EURNZD, XAUUSD.
- 2nd pairs:
GBPCAD, EURSGD, GBPSGD.



EA Running:

- The minimum deposit: USD100.
- Working timeframe: Any.
- This is a multicurrency EA, you just attach it on one chart, then select to ‘ture’ for the FX pairs which you want to trade, and specify the trading volume, the EA will run automatically.



EA Parameters:
- Magic: EA magic.
- FixLots: Fixed trading lot.
- AutoLots: If select ‘true’, EA will automatically calculate trading lot base on ‘BalancePerLot’; if select ‘false’, EA will work on fixing lot.
- MaxLots: Maximum trading lot.
- BalancePerLot: Needed account balance per opening one standard lot.
- AccountEquityMaxDrawdown (percentage): Maximum drawdown percentage of account floating loss, all trades will be closed while the account floating loss drop below the setting value, and stop to open any new positions on the same day. Setting to ‘100’ if you don't want to open the fuction.
- PortfolioMaxOpenPositions: Maximum open positions.
- UseSymbol: The symbol will work if select ‘true’, it will not work if select ‘false’.
- Symbol: Symbol name. Including of suffix, e.g., inputting ‘EURUSD.r’ if broker has suffix ‘.r’ .
- MaxSpreads: Maximum spread in pips.
- TakeProfit: Take profit in pips.
- StopLoss: Stop loss in pips.


EA Back-testing:
- Modelling: Every tick based on real ticks.



Very Important:

This EA is only designed for:
- The brokers whose trading platform time are GMT+2 (or GMT+3 when daylight saving is in effect), no need to setup GMT offset.
- The account with 3 digits of ‘JPY’ pairs, 5 digits of other FX pairs, and 2 digits of XAUUSD(Gold).

- The above requirements are included in most of brokers, such as IC Markets, Pepperstone, FP markets and Go Markets, etc.


dll msimg32

 

Update: testing on real ticks showing not that great result. (I tested first on 1 minute ohlc).
Maybe better to find a more profitable ea.

 

I did not checked on that specific date to see whether that was profit or loss. I tested it over longer period but feel free to backtest if you want to.

 

Price decreased for today (blackdriday), but we will not have enough participants.
Signal still looking good.