EA First Settings and Simulations

 

Robot Recommended Settings - New Model

Pair Download the recommended settings file Download another functional settings file Download the third choice of settings
XAUUSD 4h Download V3 Settings

Download V3 Simulation

V2 Settings are obsolete

V1 Settings are obsolete

Monitor the V3 settings on this account

The new account is running on two charts with the V3 settings, each of them trading 1% capital. The Profit targets are different, as explained in the video.

Click here to see a video showing how the V3 settings act during an active trade

Robot Settings - USE ONLY WITH LOW RISK or with fixed minimum lots (0.01)

Pair Download the recommended settings file Download another functional settings file Comments
EURUSD 4h Download V2 Download V1 -
GBPUSD 4h Download V2 Download V1 -
USDJPY 4h Download V1 Download V2 For this pair, we are still uncertain what is the best setting. We will observe it more, as the V2 is closer to the model of the new Gold settings, but did not confirm yet.
EURJPY 4h - - We don't recommend using this setup at this stage, or using it with minimum risk settings. We are building a new model for it.
XAUUSD 1D Download V2 Download V1 Either use this pair with the minimum trade size with V2, or simply do not use it until we have a new setup
USDJPY 1D - - We don't recommend using this setup at this stage, as it is too close to the V1 of the 4h USDJPY setup, and we are building a new model for it.

Which settings to choose?

 

It’s up to you now! Please take a look at the live results as well as the simulations and think which trading style suits you better!

In the video below, we give our recommendation!

 

When reading a chart look for the following:

  • Initial capital vs profit result – see how you feel about perspective warning. Please remember that backtests results don’t guarantee future results. Backtests validate the strategy throughout many types of market over many years.
  • Relative drawdown – this is how much loss you can suffer temporarily. If it says 30% it means the robot is able to lose that much at one point. So, think if you can handle that kind of temporary loss and invest accordingly.
  • Win percentage vs average profit/trade. Some simulations  show high win rates, but watch the average profit and loss. With certain strategies even by having big losses but many small wins, you can come on top.
  • Spread –  the simulation results are influenced by this parameter, we use a value a bit bigger than what the brokers advertise, to be on the safe side.

 

Watch the video below to get more information on our recommendations.

Simulations

Pair Starting Capital Spread of Simulation V1 Simulation V2 Simulation
EURUSD 4h 200 3 See V1 simulation See V2 simulation
EURUSD 4h 10000 3 See V1 simulation See V2 simulation
GBPUSD 4h 200 8 See V1 simulation (3% risk) See V2 simulation (3% risk)
GBPUSD 4h 10000 8 See V1 simulation (3% risk) See V2 simulation (3% risk)
USDJPY 4h 200 3 See V1 simulation See V2 simulation
USDJPY 4h 10000 3 See V1 simulation See V2 simulation
XAUUSD 4h 200 15 See V1 simulation See V2 simulation
XAUUSD 4h 1000 15 See V1 simulation See V2 simulation
XAUUSD 4h 10000 15 See V1 simulation See V2 simulation
XAUUSD 1D 200 15 See V1 simulation See V2 simulation
XAUUSD 1D 10000 15 See V1 simulation See V2 simulation

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