EMO PRO Robust Strategies
The EMO-PRO EA is automatic Forex multi strategy, multi timeframe and advanced order management from open until exit order timing. This consist 8 different strategy inside. Moderate frequencies trades and semi scalping. This EA is easy to use, easy to set up, and is built with high standard for surviving the market LonGEST to meet your Profit Objective Goals.
You can make your diversification multipair trades.
- No floating trade more than (-50) pips each trade
- Have Hard SL, have virtual TP and SL
- No martingale.
- No semimartingale
- No grid trading.
- No arbitrage.
- No curve fitting according to backtest results.
User Setting
- Recommended pairs is CADCHF, EURCHF, EURCAD, AUDCAD, AUDCHF, AUDNZD, OR NZDCHF. Recommended diversification: 4 pairs and max 6 pairs.
- Recommended Timeframe is attach at M30 or H1
Parameter explanation
- useMM: true/false (autolot/fixed lot)
- Buy/sellmtd: 0:Simple, 1: Exponential, 2: Smoothed, 3: Linear Weighted
- Buy/sellLots : If useMM=false, fill in your lot size (Recommended lots is If Initial Balance $500 - $1000 à 0.01 – 0.03 Lots, If Initial Balance $1000 - $10000, 0.03 – 0.3. Its for surviving and still good results in longterm run)
- BalanceRiskPercent: If useMM=true, fill each strategy for your risk, recommended is 4% - 30%. Its for surviving and still good results in longterm run. NOTE: if you trade on 2 pairs and your objective risk 20% then you set at first pair is 10% all and second pair is 10% all. If you trade on 4 pairs and your objective risk 20% then you set at first pair is 5% all, second pair is 5% all, third pair 5%all, fourth pair 5% all. Recommended using 4 pairs and max 6 pairs.
- Maxspread 187/188/20/58/120/123/127/192 : Spread Filter Condition for Entry (Recommend use 4 pips – 6 Pips)
- Maxspread 216: Spread Filter Condition for Exit (Recommend use 2 pips – 3 Pips)
- Buy/SellStoploss: Hard SL
- Buy/SellTakeprofit: Hard TP
- virtual stoploss: adjust for your need, its hidden SL must be lower than hard SL
- virtual Takeprofit: hidden and must be lower than hard TP.
- Buy/sellprd: period of EMO indicator default is 5
- Buy/sellprc: applied price EMO indicator; 0:Closed, 1:Open, 2:High, 3:Low, 4:Median, 5:Typical, 6:weighted
- Buy/selldev: standard deviation indicator
Warning
- This EA not compatible with US broker with NFA rule. So avoid it Since EA using multiple strategy.
- Set your desktop/laptop/VPS local time to UTC (0) with DST OFF. The EA trade based on your PC/VPS Local Time with DST OFF.
- Recommended Leverage account minimum 1:200 and maximum 1:500
- Strongly recommend that you use this EA at VPS Hosting 24/7 since the EA have virtual SL/TP.
Version comparison
LITE Version | PRO Version |
---|---|
Consist 4 strategy inside | Consist of 8 strategy Inside |
Recommended diversification up to 2 pairs | Suitable for diversification up to 6 pairs |
If use Money Management its using "Fixed Fractional Position Sizing" based on percent equity |
If use Money Management its using "Volatility and equity based position sizing" |
Backtest and Analysis
This Strategy pass Robustness test:
- Backetest with 99% quality backtest TICK data minimum 9 years.
- Still good profitable on different pair
- Still good profitable on different timeframe
- Still profit with Monte Carlo stress test (randomized and skip order more than 20% , randomized broker spread from 2 pips until 6 pips scenario)
- Good distribution of profit per month
- Good Return/Drawdown Ratio
- Super SQN (Strategy Quality Number) for better position sizing Money Management Strategy
From Author
I am Fajar Alam, trade forex for 9 years and student at university, after resign for my parttime job at investment firm, this is my first move to have my little own investment firm and real account. So I must sell my strategy (EA) for 30 copies only for start built my own little firm. And of course I will support my new 30 friends that buy my strategy for Lifetime. And then never sell this EA again, just rent option maybe.
only buy EA that have deeply analysis and backtest minimum 9 years with 99% quality TICK data and use high spread above 2 pips for test (Good strategy still survive and are profitable with high spread test).
I have some monitoring EA in MQL5 community, here: https://www.mql5.com/en/users/bangjejefx/seller
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