fxte Retracement Expert Advisor for GBP/USD

Introduction

This Expert Advisor (EA) is aking position on retracements of well established trends and shall be applied on the GBP/USD pair only as it is the major pair that offers the best trends and for which this EA has been designed.

This EA has been designed in order to benefit from the intraday trend on GBP/USD and can run automatically on Metatrader4.

Backtesting results

Backtesting results for 2.5 years.
2 key values: less than 15% drawdown for 380% in gains over the 2.5 years period.
It is very important to consider that such results have been reached with a low leverage (0.3 lots for $10 000) and then are much more realistic results that the one reached with a much higher leverage (some EA’s sellers would use at least 10 times more).

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Forward testing results

RESULTS FROM 2007/01/01 STARTING WITH A $10 000 DEMO ACCOUNT

Parameter Value
Closed P/L $588.13
Total trades 7
Profit factor Infinite - no losing trade
Absolute drawdown $0
Relative drawdown 0% ($0)

Payment

By proceeding further with the payment the purchaser agrees that he has read and understood the disclaimer’s statements.

All payments can be done through PayPal, Western Union, MoneyGram. The purchase is non-refundable.

For payment conditions please contact us at MT4-EA.

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