Advisor gl 2ma. A simple mechanism for a small deposit
Progress and improvement of technical analysis in the forex market occurs almost every day, which leads to the emergence of more and more complex strategies, and as a result, advisors based on them.
However, with such progress and the complication of the trading mechanism, the minimum deposit requirements are constantly increasing, which has led to the fact that at this stage most traders can only afford to use advisors on cent accounts .
Of course, rich people can afford a deposit of 10 thousand dollars or more, but based on our experience, most people who come to the exchange only dream of such money.
At the same time, the quality of cent trading accounts, the speed of order execution, the size of the commission and the set of assets, of course, are far from classic accounts, therefore, the trader has to work in less favorable conditions.
However, there is always a way out, and it is to use simpler advisors that are designed for trading on a small deposit.
In fact, we invite you to get acquainted with one of these Forex advisors in this article.
A technical feature of gl 2ma is a minimal set of settings, but at the same time this makes it more resistant to market fluctuations.
Since the advisor is a trend one, and its basis is a strategy based on moving averages, we can safely say that it will be equally effective on all trading assets, subject to deep optimization of the parameters.
Also, gl 2ma can be used on any time frame, up to the one-minute and five-minute charts, but you should understand that trend advisors demonstrate good results on intervals with little market noise.
Installing the gl 2ma advisor
The gl 2ma advisor is in some ways very similar to Moving Average Advisor, which is built into the MT4 and MT5 trading terminal by default.
However, the gl 2ma robot is a custom development, so if you want to use it, you will need to download and install the robot file into your MT4 trading terminal.
Installing the gl 2ma advisor is fundamentally no different from installing any other custom advisor or script and follows the standard procedure. Namely, you will need to download the robot file at the end of the article and place it in the appropriate folder of the terminal data directory.
After you have installed the advisor, you will need to update the platform in the navigator panel or restart the terminal, since the advisor will not appear in the list otherwise.
After the update, gl 2ma will appear in the list of advisors, and in order to start using it, just drag the name of the robot onto the chart:
Trading strategy.
Tweaks The gl 2ma advisor is built on a simple algorithm consisting of one moving average, but with an emphasis on shifting bars into the future.
So, in the process of analyzing the market, an expert takes two weighted moving averages with the same period, but different deviations. When the faster line crosses the slow one from bottom to top, the EA opens a buy position with a minimum lot, and when the fast line crosses the slow line from top to bottom, the EA opens a sell position.
A very important feature of the robot is the fact that it does not place profits or stops, but closes the position when an opposite signal appears, thus maximally capturing large areas of price movement.
There are only two variables in the advisor settings that you can configure yourself.
So in the Per line you can specify periods for two weighted moving averages, the intersection of which is a signal to open a deal.
The Shift line specifies the deviation of the second moving average by a certain number of bars to the right.
Testing and optimization
It is worth understanding that the advisor at this stage is about five years old, so its default settings are outdated and need deep optimization.
However, we tested with default settings for 2016 on the Euro/Dollar currency pair with a deposit of $100 on a fifteen-minute chart.
Test result:
The results of testing the advisor turned out to be quite obvious, since the settings were clearly outdated.
Therefore, we decided to optimize according to two main parameters and perform forward testing, what came out of this you can see in the picture below:
In conclusion, it is worth noting that, despite the simplicity and banality of the algorithm, the adviser successfully copes with its task and keeps profits at the level of 100 percent per annum.
However, it is worth understanding that a trader must perform optimization independently
time frame Download advisor gl_2ma
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