Product Description

Andalan Trade EA V1

Andalan Trade this adviser can be used starting from a deposit of $20!!! It is very easy to install and will also appeal to those who do not like to understand the settings of the adviser, but just want to put the adviser on the chart and make it profit, yes, this is exactly such an adviser, in settings EA you simply will not find anything superfluous, set the risk of trading as a percentage what you want based on your appetite and the adviser is ready to earn money for you

The adviser trades by placing pending orders buy stop and sell stop. Does not use dangerous trading methods such as martingale, grid, etc. has a hidden take profit and stop loss, as I could see, also uses a trailing stop, since the profit is always different, but in general, the adviser scalps a small number of points on average from 1 to 10, maybe this is not even trailing stop and some algorithm by which the adviser closes positions, since the stop loss is also always different, it can be assumed that the adviser controls the position and closes it accordance with its algorithm. The adviser calculates the lot size of the position automatically in accordance with the risk you choose as a percentage of your deposit

In the screenshot above, the EA was tested on a $100 deposit and with a risk setting of 5%, the test was successful.

The EA was backtested and showed great results with a $100 deposit and a 5% risk set in its settings, the maximum drawdown was around 15%, which is a good result, from this we can assume that the EA can work well with a deposit of 20 monetary units with the set risk in the 1% setting, but with these parameters, the deposit will increase very slowly and you will have to manually adjust the risk percentage to achieve better results, so I still recommend starting with 100 currency units and 5% risk, or at least 50 currency units and 3% risk, I think it will also be good.
I think it’s not worth stopping at one recommended currency pair, it is also necessary to test the adviser and on other instruments, most likely, after analyzing, it will also be possible to choose suitable pairs for trading and improve the result of the Ea.
It is also worth paying special attention to the broker, as I wrote above, this expert tries to scalp a small number of pips, it is important that the broker has small spreads and reliable execution of orders with minimal slippage, it is advisable to choose a ECN account, the trading results of this Expert Advisor for another broker may differ. And do not forget all the results that I have given, this is just a test on the past history that cannot guarantee the same results in the future, so I recommend that you first get acquainted with the adviser on a demo account.