Pivots UsdJpy H1

1. EA has been backtested on more than 20-year long tick data with 99% quality of modeling.
2. Everything is already set up for USDJPY H1 timeframe. There is no need to set up parameters, all settings are already optimized and fine-tuned.
3. You need to set only the Fixed Lotsize (or Risk Fixed % Of Balance) depending on the amount of capital in relation to the expected risk.
4. At 8:00 pm we are closing trading every Friday to prevent from weekly gaps. !!!Adjust this time to your broker time. Preset values are for UTC+2 only!!!
5. In the backtest is not used any Moneymanagement, its only a backtest for the lowest possible position - 0.01 lots.

• System parameter permutation - method how to reasonably estimate the long-run expected performance of a trading system.
• IS/OOS tests.
• Slippage test.
• Test on another market to verify the edge.
• Test on lower and higher timeframe.
• Monte Carlo Robustness tests:
• Simulations of Randomize trades order.
• Randomly skip trades.
• Randomize strategy parameters.
• Randomize history data - volatility change.
• Sensitivity for spread and slippage.
• Walk forward matrix - verify how the strategy is adaptable to a big range of market conditions.

My recommendation is to have a look at the rest of my products, because the benefits of portfolio are diversification through the markets, timeframes, etc. Portfolio of strategies works better together in combination.

A broker with a small spread and slippage is recommended for better performance. There is no need to use a large account.

Features

• Each trade is protected by Stop Loss.
• No martingale, no grid, no scalp, no hedge, no latency, no arbitrage.
• No excessive consumption of CPU resources.
• User-friendly settings.
• All settings optimized.
• Long-term strategy.

If you have any questions, please contact me before buying.

Settings

• CustomComment = Pivots USDJPY H1 - custom comment in history.
• MagicNumber = 170122105 - unique trade ID, if you want to trade multiple EAs in one account.
• UseMoneyManagement = false/true - if you want to trade only fixedlots use FALSE. If you want to risk % of balance you need to set this to TRUE.
• mmRiskPercent = 1 - If UseMoneyManagement is set to TRUE, you set the risk in Fixed Percentage of balance.
• mmLotsIfNoMM = 0.01 - If UseMoneyManagement is set to FALSE, you set the Fixed Lotsize here.
• FridayExitTime = 20:00 - Every trade will be closed at this time every Friday to prevent weekly gaps. This time is UTC+2, adjust this time by your broker timezone.