HIGHLOWREV EA
Simply an expert advisor system that at the moment is designed to trade GOLDUSD(XAUUSD), and EURUSD, settings for other pairs are being found.
Theory/ strategy.
just" n" number of range breaks ie 1000 in this case to ensure non-stationality.
Positions are managed by a simple martingale and(or) grid algorithm to ensure the working of the otherwise non-profitable bare strategy.
Account size.
Lotsize is calculated by 1000 USD on account.
Advisable to use account sizes of USD 1000 OR above. 500 USD is minimum with lotsize 0.2 per 1000.
With huge accounts (100000), is advisable to now reduce risk exposure by using lotsize per 1000 to be like 0.005.
all this provides room for the strategy to work smoothly for stabilized results and removing possiblity of blowing up the account.
Settings can be adjusted if you know how to use the startegy tester for optimization. Otherwise leave them or else you might sistabilize the systme.
Cost
free of charge. Not for sale. copyright GABRIEL MATOVU, MAKERERE UNIVERSITY
