Run EA Time frame H1 and Currency pairs GBPUSD
Open order : Long & Short
EA will open both buy and sell before the first time . After that , EA will open Order buy limit, order sale limit is 3 times the distance as pip step.
Order sale limit : Order placed order price when you believe the market will go back down
Backtest period Jan 2005 - August 2015 (10.8 Year)
GBPUSD Time frame H1 Deposit 1,000 Cent (Broker-FBS)
GBPUSD Time frame H1 Deposit 1,000 Cent (Broker-FX4You)
GBPUSD Time frame H1 Deposit 100 USD (Broker-iCMarket)
Summary
This expert advisor is martingale type. But if we set parameter for low risk. We save more capital. In parameter table, if we would like low %drawdown we must add capital to double.