EVOLUTION EA - M15 is a fully automatic professional Forex Expert Advisor.
This EA has been initially designed to operate with GOLD , although it’s been proven to work also for the Forex Majors , so it was adapted to work optimally in all symbols.
Iberian Evolution uses the different strategies that we have been perfecting over the years with Iberian Masters and finally updated in the series: Iberian Ultimate (also available on the market)
Strategies applied to detect trends in H4 have been integrated to this robot, for the M15 period.
For this reason, there might be days with few or no operations, combined with days with various orders opened, when relying on trends of higher periods.
This EA has been developed and tested according to M15 periodicity - (M15) .
If you want to use this robot in other time periods than M15, please carry out the relevant tests beforehand.
Iberian Evolution has been satisfactorily tested for
- XAUUSD - GOLD
and for the following Forex Majors:
- EURUSD
- GBPUSD
- AUDUSD
- USDCAD
It has also been satisfactorily tested for the following symbols although the profit is lower.
- EURCHF
- USDJPY
- USDCHF
- NZDUSD
- EURGBP
The robot is fully automatic, setup is minimal.
- Initial Lots : it is recommended to use lots of 0.01 for every $10000 of balance
- Balance_closing_point : to be defined by the user, this is the minimum balance that you want to maintain, if the equity of the account decreases below this value all the operations are closed.
- Limit spread to open order : if you do not want to limit the spread, you do not need to modify this value, otherwise indicate the maximum value to operate. We have done tests with spreads of 25 and it works well.
- MagicNumber : 11011 (default value)
Suitable requirements:
Balance : The recommended balance to operate is considered to be: $10000. The tests have been carried out from a balance of $10,000.
If you are going to trade GOLD and three or four more forex pairs, the recommended balance is $10,000.Broker : Very low spread brokers are always the most appropriate for this type of strategy.
It is important that the broker does not charge very high commissions to keep operations open for more than a week, some of them charge abusive custody commissions every week that an order remains open.
VPS : It is always highly recommended
ATTENTION - VERY IMPORTANT:
- You should remember before purchasing an EA that past successes are a possible indicator of the future, but not a guarantee.
- Use these robots responsibly and do not invest high percentages of your balance.
- You should only purchase this EA if you fully understand how the Forex market works and how these robots work.
