The expert trading system is designed to trade on the most popular EURUSD currency pair, because it has a low spread and high liquidity.
When writing this algorithm, the main task was not to show amazing results in the tester, but to get a stable TS that will work for a long time.
The machine learning algorithm is easy to fit to the data and get a nice yield curve, but only on history. This is due to the large number of indicators and other data on which the system was trained, thus the neural network simply remembers these values, but cannot generalize the information and derive patterns.
To get around this problem, I use a small number of indicators and cross-validation in a special way, thanks to which the system is able to find long-term patterns. For example, this system was trained on data from 2017 to 2020, it was at this time interval that the search for working patterns took place. Then it was tested on a longer history and showed stable results.
The operation of this algorithm is designed for several years without retraining, then it will be adjusted to the new realities of the market, since any pattern tends to shift in time and change, that is, it stops working.
This is a stable EA with no hype, and I look forward to long-term cooperation with buyers.
The main characteristics of the bot:
Trading instrument
EURUSD
Time frames
M1, M5, M10, M30, H1, H4
Starting deposit
From 50$ or cents
Trading style
conservative
Account Type
Hedging
A customizable progressive lot and the opening of additional orders are provided.
Basic bot settings:
- Start lot and finish lot - the minimum and maximum possible trade size. The system itself calculates the required volume of the transaction depending on the strength of the signal in order to improve the profitability indicator. You are only setting limits. This is a good and proven approach.
- Signals threshold - threshold for making a decision. 0.5 is the base threshold with a lot of trades, you can increase it to make the trades smaller and more accurate.
- Maximum number of opened orders - the bot can top up on a new bar if the signal persists. This increases the number of trades and can sometimes improve trading performance.
