Description
Splinter EURUSD H1 EA: A Robust Trading Robot
Introduction
The Splinter EURUSD H1 EA is an expert advisor (EA) designed for MetaTrader 4. It offers a reliable and robust trading strategy specifically tailored for the EURUSD currency pair on the H1 (1-hour) timeframe. Let’s dive into the key details:
Strategy Overview
- Currency Pair: EURUSD
- Timeframe: H1 (1-hour)
- Trading Style: Intraday/Swing Trading (no scalping, martingale, or grid)
- Backtesting Quality: Rigorously tested on over 18 years of historical data with 99% modeling quality
Specifications
- No grid, no martingale, no arbitrage, no tick scalping, non-curve fitting!
- 4-year 99% quality backtest
- Backtest fastest method with Model: Open Prices only (Entry and exit logic operate on bar close)
- No optimization need.
- Best optimized for actual market situations.
Key Features
- Long-Term Approach: The Splinter EA follows a long-term strategy, making an average of 2-5 trades per month.
- Risk Management: Each trade is protected by a Stop Loss, ensuring controlled risk.
- Money Management Options:
- Fixed Amount: You can choose a fixed amount for trading.
- Fixed Lot Size: Alternatively, set a fixed lot size.
- Friday Trading Hours: Trading closes every Friday at 20:00 (UTC+2) to avoid weekend gaps.
- Portfolio Diversification: To enhance risk diversification, consider combining the Splinter EA with other strategies from the same developer’s product offerings.
Recommended Settings
- Custom Comment: Choose a custom comment (e.g., “EURUSD_H1_2”) to distinguish this strategy.
- Magic Number: Assign a unique number (e.g., 2) to differentiate this EA.
- Use Money Management: Set to either
false
(fixed lots) ortrue
(risk fixed money). - Risk Amount (if using Money Management): Specify the risk in fixed money (e.g., 50).
- Fixed Lot Size (if not using Money Management): Set the fixed lot size (e.g., 0.01).
- Friday Exit Time: Close all trades at 20:00 (UTC+2) every Friday.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀
Stay Updated:
Instant Download: https://yoforex.org/product/splinter-eurusd-h1-ea-mt4/
Contact: https://t.me/yoforexrobot
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