Author:
Danu Saputra
Hello fellow traders! Today, I want to share an exciting trading system I've developed using the Molanis Strategy Builder. Don’t worry, this isn’t a promotion; I just think it’s a solid tool for long-term traders! :D
This trading robot utilizes the built-in ZigZag indicator from MetaTrader, but with a few tweaks to enhance its performance. Here are the settings I recommend:
- ExtDepth: 150
- ExtDeviation: 5
- ExtBackStep: 3
I want to highlight that this robot is designed specifically for LONG-TERM trading strategies, not for quick wins. For those interested in short-term trading, I plan to share a ZigZag EA for scalping in the future—God willing! :D
If you're a day trader or scalper, this robot may not be suitable for you. It’s built to withstand significant market fluctuations, with a durability of 5000 pips on your capital and a risk percentage set at 20%.
Here’s a quick example of how to set it up:
- If your balance is $1,000, trade with 0.2 lots.
- If your balance is $500, trade with 0.1 lots.
Make sure to use a trailing stop of 50 and limit the maximum number of open orders to 10. For the best results, I recommend using the M15 timeframe.
Wishing you all a fantastic trading day!
Best regards,
Danu Saputra :)
Here are the backtest results from 2000 to 2012:
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