Compound Egg is a fully automated EA which trades based on reversal during quiet, low volatile early Asian session. Each open position is protected by a fixed TP and SL of 90 pips to minimize possible drawdown. In reality, the algorithm looks for reversals and executes TP in real time. Since TP points vary based on price, volume, and volatility in real market condition, it's not statically set in the beginning but rather computed for every ticks at run time. Realistically, this EA will look for reversals using proprietary settings of oscillator indicators behind the scene.

The Expert Advisor allows you to trade based on account balance. I recommend that you use an ECN account with low spread and fast execution.

Why Compound EA?

1. Designed, developed, tested, and optimized by a professional software engineer (ex-Microsoft engineer) with 6+ years of Forex market experience
2. Stress-tested with the past 6 years of historical data with 90% modelling quality
3. Live-tested a sister EA with the same trading logic but different trading volume logic for 1+ years since 2015
4. Optimized after backtesting 10,000+ different variables on EA
5. Compounding by increasing trading volumes as account grows
6. More aggressive trading than Steady EA System

Built-in protection systems

1. Avoids slippage.
2. Trend reversal.
3. Drawdown control.
4. Account equity control.
5. Maximum number of open positions at the same time = 15

Parameters of the EA

1. Leverage: default is 5. Trading volume will be computed based on this leverage value
2. Slippage: default is 3.0. This is the maximum slippage allowed for trading.
3. TimeZoneOfYourMT4Server: default is 3. You need to change this value based on your broker's server time. (e.g. If FXDD's server is in Malta, and Malta is in GMT2+, but MT4's chart time is 2am but GMT time is 11pm, then time difference is 3 hours (2am and 11pm). So your value is 3, even if Malta is GMT2+. based on summer time, time displayed on MT4 chart will change +-1 hour so be careful with this.
   The EA's performance will vary drastically based on this value so DO NOT FORGET to backtest this EA before using it live.

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