High Low EA is a Trading Robot with an effective strategy centered around identifying and capitalizing on crucial recent highs and lows to trade breakouts. This article will delve deeper into its robust risk management features, advanced trade management strategies, and more.
At its heart, the High Low EA thrives on a simple concept: trading the breakouts of significant recent highs and lows. However, the true essence of this EA lies in its execution. It’s not just about identifying the highs and lows; it’s about knowing precisely when to enter and exit the market, making the execution a critical differentiator. So it have a advanced entry calculations and exit algorithms.
Key Features of this Trading Robot
- No Risky Strategies: This Trading Robot steers clear of high-risk strategies such as scalping, grid, or martingale techniques.
- Strict Stop Loss: Each trade is protected by a stop loss, ensuring that the risk is capped at a safe distance.
- Robust Risk Management Options: Traders can set specific risks per trade, allowing for personalized risk profiles and ensuring that trading aligns with individual risk tolerance.
- Resilience to Market Fluctuations: The EA is not sensitive to spread or slippage.
- High Correlation: A strong alignment between live and backtest trades ensures reliability.
- Impressive Hit Rate: More than 80% of the trades are profitable, showcasing the EA’s efficacy.
While this trading robot is primarily developed for EURUSD and is known for its success in running breakout strategies, its versatility is evident in the promising results during backtests on multiple currency pairs, even without specific optimization for those pairs. There are also optimized sets available for GBPUSD, USDJPY, and AUDUSD pairs.
Recommendations
- Minimum account balance of 100$.
- It works best on EURUSD, GBPUSD, USDJPY, and AUDUSD. (Work on any currency pair)
- It works best on H1 TimeFrame. (Work on any TimeFrame)
