Midnight EA
Midnight EA is an advanced system based on Price Action technique in order to identify current market situation and predict future price movement. It does not use anything else than pure price action. It does not use martingale, grid, hedging, scalping and other risky techniques.
The EA works late in the evening (before midnight GMT) on M30. It closes orders after several minutes to 2-3 hours. Sometimes, it may take longer, but mostly in the morning all orders are closed.
The EA works with all pairs, but I recommend using max. 16, which I've selected in many optimizations and tests and which proved to be the best. These pairs are also selectable in the properties under the parameter "Selected_Symbol". If the symbols provided by your broker are without prefixes and suffixes, you can leave "Selected_Symbol" set to "Automatic" - the EA will automatically detect your currency pair and use the predefined settings which are hardcoded in the EA. If your symbols have prefixes or suffixes, you should choose pairs from "Selected_Symbol" corresponding to your symbols. To trade pairs not from the list, just set it to "Automatic".
Portfolio with 16 pairs tested since the beginning of 2010 to the end of 2016 made ~50.000 trades. With spread set to 20 and fixed size of an order, it gives the average winning ratio at around 95% with Profit Factor above 3 and Drawdown below 3% (for order size equal to 0.2 lot for 1000$ initial deposit for each pair - proportionally will be for 0.01 lot and 50$ deposit/pair).
With less initial capital (or for other reasons), you can start trading with the best 7 pairs, which are: GBPCAD, CADCHF, GBPCHF, EURCAD, EURCHF, USDCHF, AUDCAD. For them, winning ratio is over 97% and Profit Factor over 4. Starting from lot=0.01, you will not need more than 150-200$ balance, the drawdown should not be > than 5%.
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