The EA is based on trend trading strategy. Mechanism “trend trading strategy” is a tendency of a financial market price to move in a particular direction over time.
If there is a turn contrary to the trend, This mechanism will exit and wait until the turn establishes itself as a trend in the opposite direction, and re-enter when the
trend re-establishes. This EA has been back tested for 4 years of real tick data (2019-2022), consistent with the latest trading accounts.
Immortal MT4: https://www.mql5.com/en/market/product/32687
Immortal MT5: https://www.mql5.com/en/market/product/97219
Key Features
- Timeframe: M15
- Currency pairs: trading with any pair
- Use algorithmic techniques of hedging strategies
- Use 4 or 5-digit accounts
- Initial deposit: $ 500 up
- It is recommended to use a low spread ECN Broker, 1:500 leverage
- Using real tick data in backtest with 99.9% modeling quality
Parameters
- MagicNumber – magic number to set the ID for each EA
- Lotsize – Dynamic increase / Fixed increase
- Initial_Lot – initial lot size
- Risk – proportional lot sizing, based on the risk setting chosen: it makes a risk setting of 1 trade 0.01 lots per 1K in equity, a risk setting of 2 trade 0.02 lots per 1K in equity, a risk setting of 2 would trade 0.2 lots on a 10K account
- Gap_distance – Dynamic / Fixed
- Distance – gap distance in pips
- Gap – ATR Multiplier
- ATRperiod – ATR averaging period
- MaxOrders – max orders
- Multiplier – lot size multiplier
- Profits – Balance / Target, {Balance = automatic profit, Target = target profit}
- Target_money – target profit
- DDCloseAll – Close all orders once the drawdown reaches a specific percentage, set true or false
- DDPercent – set the percentage to cut loss, % drawdown
- MaxSpread – maximum allowable spread
- MaxSlippage – maximum allowable slippage
- StartTradeTime – set time to start trading
- EndTradeTime – set time to end trading
- BrokerGMTOffset – Your Broker GMT Offset
- TradeMonday_Mode – set ON/OFF for Monday trading
- AfterHourMonday – after hours Monday start
- TradeFriday_Mode – set ON/OFF for Friday trading
- AfterHourFriday – after hours Friday close
- CloseAllFriday – close all orders on Friday
- Display Settings – apply default or change display position
- Top – distance from the top
- Left – distance from the left
- ordercomment – order comment
Immortal v1.5 upgrade:
You can download the set file for back testing, follow the link below.
- Immortal MT4_default.set
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