MILLIONTRADER EXPERT ADVISOR
This is a short guide on how to use the Milliontrader EA
My way of using the EA
I attach the Indicator to the main pairs:
EURUSD,GBPUSD,USDCAD,USDJPY,EURCHF,GBPJPY,EURJPY,NZDUSD,NZDJPY,USDCHF
,EURGBP,AUDJPY,AUDUSD and BRENT.
The number of pairs in which to let the EA run depends on the size of each one's
account.
The timeframe that I use is H1, M30 and H4.
Select MODE 20 - You can choose the mode that best suits your taste, the higher the
number, the greater the expectation of profit per signal
I attach the EA to those pairs, without using TP or SL. I set a value of 100000 for the
Take Profit and –100000 for the Stop Loss. That way, by not closing some trades in
profit, I allow my drawdown to be very low and give me peace of mind,
compensating for possible losses in other pairs.
The EA automatically closes the positions when a new signal appears. By letting the
EA run on several currency pairs at the same time, a kind of hedging occurs by going
long and short on highly correlated pairs at the same time, which reduces the risk
again. I manually close some profitable positions and leave other positions in profit
open.
I have the additional opening with the trend and additional opening against the trend
functions activated, the multiplier set to 1 and a fixed Lot size – in the Expert inputs
tab Autolot is set to false.
Full auto mode
If you don't want to intervene manually then you should open the EA on a few pairs,
depending on your account size. Use the EA in one or two currency pairs.
For example: EURUSD and USDJPY
Optimize the EA from the last four years for the forex pair you have chosen, selecting
those variables in the strategy tester
Then select the optimization values that best suit your needs, between all the
different options. For example, the optimization results with a better profit factor
and less drawdown.
Attach the EA to the desired pair, select those values and let the EA run.
*I recommend using a micro account if we are going to use the Lot multiplier option.
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