I am Fran Contreras, Co-founder and CEO of the PymeHelp & Finances Private Investment Pool. As a professional trader with extensive experience, my passion for investments and algorithmic trading has guided my path. Over the years, I have dedicated my time to honing my skills in the financial market, which has allowed me to share my knowledge. I am committed to helping others understand the world of trading and effective strategies for success in the field of “Smart Investing”.
Access to my professional history:
https://www.francontreras.com
The EmbajadoresEA Expert Advisor is based on the use of exponential moving averages with the same period but with different price ranges (maximum-minimum). This EA does not use any buy or sell signal, it simply opens a buy and sell position on a rotating basis and modifies its parameters according to the calculated moving averages. Likewise, it uses stop loss levels and real-time position monitoring to determine the closing of a position. In this case, after one position is closed, another is opened in the opposite direction.
The results obtained with this EA indicate that it produces the best results with the GBP/USD pair on a daily chart with position sizes of 0.1 lots. It seems to be stable and profitable in the long term, however it has the problem that it carries out very few operations per year. Therefore, a recommendation is to use your strategy for manual trading (if used properly the strategy can provide constant profits in the long term) instead of using it as an automatic EA. Use variable stop loss and take profit levels. The average profit for each winning position is 1750 pips while the average for losing positions is 250 pips. During a series of tests on a daily chart of GBP/USD he opened on average only 4 positions per year. Your action guide, together with other of our Trading Bots, serve to simulate the development of the main ETFs in the European market in the same way that our PH1 & PH2 Portfolios does:
https://www.mql5.com/es/users/glaseador/seller
Below are the parameters and results for this EA: Stop Loss: Variable. Take Profit: Variable. Currency pairs: All. Time Frames: All. Best results achieved: GBP/USD on a daily time frame. Profit percentage: No information about it. Maximum Drawdown: No information about it. Note: This EA is compatible with ECN brokers.