The trading strategy behind this multicurrency Expert Advisor (EA) was put to the test during the 2012 Championship.
Fig. 1. The multicurrency EA at the ATC 2012.
When you launch this EA, it opens positions across all specified currency pairs with the minimum volume. If a trade goes sour, it’s reversed, while profitable trades have their volumes increased. Once the total profit or loss hits the parameters set, all positions are closed out.
Take a look at the testing results of the EA in the next figure.
Fig. 2. Test results for February, 2016
Recommendations:
- Feel free to use as many currency pairs as you like. Just tweak the EA code to add or remove pairs.
- Adding a filter can lead to more stable trade results.
- Think of this EA as a foundational template, allowing you to incorporate the features you need.
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