A simple advisor for Forex trading “Sanctions for you”, profit with low risk
Over the past six months, the situation in the financial markets has been more than stable, trends change almost every minute, in this situation many advisors stop working.
It is quite difficult to find a simple advisor that is designed for trading on such a dynamic market, so you can only rely on new, recently created scripts.
The “Sanctions for you” advisor appeared at the end of May 2022; this fact gives hope that the script is more or less adapted to the current situation.
The robot is designed for trading on the H1 hourly timeframe and everyone’s favorite currency pair eurusd, but can also be used on other assets.
After running it in the strategy tester with default settings, the script showed a pretty good result even without optimization:
Profitability for the year was about 3.5 percent, not very much, but the result can be significantly increased by optimizing:
At the same time, I would like to note the low level of risk with which this robot trades; the maximum drawdown during the year of testing was only 0.28%, which is simply an excellent result.
If we talk about the settings, then the advisor “Sanctions for you”, they are really as simple as possible:
In fact, you can only configure such parameters as:
Progressive lot - dynamic lot parameter, when set to 0, the size of transactions changes in accordance with the deposit size
Fixed lot - fixed lot size, default 0.01
stop loss
size Take profit - take profit
If you need a simple advisor and at the same time effective for Forex trading, then download Sanctions for you