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Thumbs up EA has shown good performance in different market conditions. Created from a whole new strategy, the EA contains a sophisticated trade management system to maximize profits and capture the most out of any trend.
The EA only has a one user input for the preferred lot size. Everything else is inbuilt and automatic!
This is an efficient trading EA that may hold on trades to maximize profits. You do not win by number of trades but by correct entry and exit.
You can maximize on this Expert Advisor by:
- Strictly follow the lot size guidelines
- Being patient. Do not run it for a week then rush to judge it. Let it run for a couple of months because it may lose a few trades and win more trades. In the end what matters is the overall profit as you can see in the test result.
- Run it on a broker with as low spread as possible as well as a longer trading week, i.e. a broker that does not close too early on Fridays or open too late on Mondays.
- Avoid greed. Do not wish for 1 000% in a week. Set a reasonable lot size. Too high lot size compared to your account balance increases the risk of margin call. You might make bigger profits but kill your account. If you want to continue profiting for years, then set an appropriate lot size.
The Expert Advisor was tested on EURUSD for a year from January 2021 to the February 2022 with the following settings:
- Initial balance – $3 000
- Lot size fixed at 0.1 (non-compounded)
- Leverage – 1:100
At the end of testing, the result was as follows. Please see attached images for detailed charting.
- Balance at the end of testing $9 013
- Over 200% profit made.
