NETKING PRO EA
Watch the testing video here:
The EA works by Moving Average trend and RSI signals at overbought & oversold areas. It doesn't have targets but instead closes with soonest profits, so it's purpose is to always win. The inputs include money management and indicator settings; the signals occur when the RSI is in overbought or oversold and price has moved above or below moving average price.
V1 is tested and working on the following pairs & timeframes from 2018.01.01 - 2020.02.30 with tick data suite and 500.00:
EURUSD: D1 - H4 - H1 - M30 - M5 (spread of 4)
GBPUSD: H1 - M30 - M5 (spread of 6)
USDCHF: D1 - H1 (spread of 6)
USDJPY: H4 - M30 - M15 (spread of 6)
AUDUSD: H4 - M30 (spread of 5)
USDCAD: D1, H4 - H1 - M30 (spread of 5)
NZDUSD: D1 - H4 - M30 - M15 - M5 (spread of 6)
GBPJPY: D1 - H4 - H1 - M30 - M15 - M5 - M1 (spread of 8)
USDSGD: D1 - H4 - M15 (spread of 8)
AUDCAD: D1 - H1 - M30 - M15 (spread of 8)
Possibly more ..
NETKING'S PRO EA
The one important thing is to save Deposit
It works with on small and Big Accounts
LASTEST EA YOU CAN GET A MONTH FREE TRAIL
EA RUNS ON BIG AND SMALL ACCOUNT
EA RUNS ON MULTIPLE CURRENCY PAIRS AT A TIME
WORK WELL ON LOW SPREAD.
INITIAL DEPOSIT SAVE 95%
WORKS BETTER ON 5MIN TIMEFRAME
LET CHECK IT NOW ON BACKTEST RESULTS FOR THIS YEAR
EMAIL ME FOR FREE ONE MONTH TRAIL VALID TILL DEC 2020.
special MM for Lot
Can you recommend a Broker to use Netkings PRo EA with?
This is the Number One FAQ. I'm sorry but I can't recommend a specific broker. Firstly, when I traded just the Spike I tried many brokers but since I moved to more longer term trades for the last 3 years I have remained with one broker who is based in Australia. I want an AUD denominated account to minimize Exchange Rate Risk. Secondly, I care more about Execution than Price, Cost of Trading or Slippage. Thirdly, I am prepared to give you some general advice about choosing a broker.
1) Try to use one that sends your trade direct to market (STP) and avoid Market Makers. You may do well with a Market Maker initially but they will start to mess up the execution of your trades and may even refuse to let you withdraw. Some Market Makers have clauses in their Terms that require you to keep your trades open for a certain minimum period of time, for example.
2) Don't deposit your money anywhere you wouldn't be prepared to visit.
3) Beware of Bonus Schemes, Ultra High Leverage and other weird incentives. Some brokers offer webinars/education. That is OK but any Money Incentive is usually a ploy to get hold of your Desposit.
What about BackTesting?
Others have managed to BackTest the EA, although I don't see the point. Back Tests use Candle Close Prices and an estimate of the Spread that is applied evenly throughout the Test. In real life, the spread is variable, orders will suffer some slippage and there will be volatility in prices from tick to tick. If you want to see what happens and refine the settings you are comfortable with then use a Demo account, but treat the 'Virtual' money as if it was 'Real'. E.g. if you will be trading a $1000 account don't setup a Demo with $100,000 in it. Trade with low risk (<1% per trade) and ensure that you use Stops etc.
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