Trading Algorithm:
Awesome Scalper Pro utilizes the William Percentage Range (W%R) indicator to identify oversold or overbought entry points.
A flexible grid system is incorporated to recover from losing positions. This system is designed to trade only at designated oversold or overbought levels.
Furthermore, safety mechanisms such as hedging, drawdown reduction, and timeframe adjustments are implemented to minimize drawdown.
Live Signal :
Running over 1 Year, starting with 1K initial deposit: https://www.mql5.com/zh/signals/1741560?source=Site+Signals+From+Author
Running over 8 months, starting with 8K initial deposit: https://www.mql5.com/zh/signals/1863363?source=Site+Profile+Seller
Features:
No Curve Fitting
Spread Filter
Hedge System
Flexible Grid System
User-defined Averaging Lot Size
Innovative and Advanced Drawdown Reduction System
Backtested with 15 years of tick data at 99.9% modeling quality
Recommended Pairs:
AUDCAD
NZDCAD
CADCHF
V21.0 Set Files: https://www.mql5.com/en/market/product/87681?source=Site+Market+My+Products+Page#!tab=comments&comment=49811125
Note: The provided settings file is for 0.01 lot size. If you trade with a higher lot size, you need to adjust the averaging lot size setting accordingly.
Timeframe: 5 minutes (5M)
Account Type:
An ECN account with a leverage of 1:100 or higher is recommended.
Initial Deposit:
For each pair, a recommended initial deposit of USD 1,200 per 0.01 lot is suggested.
You can trade with a lower initial deposit, but it is advisable to have sufficient cash reserves to handle significant drawdowns caused by unexpected market movements.
