Grid I/E Signals
A3C-NU - Trade NZDUSD according to GRID CIS
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cuben2406
3 min read
11/12/2023
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Introduce

A3C-NU, configured on FXCE Giga by member Cuben2406 (Telegram: @LTCong) of the FXCE - EA community, is a trading system for the M1 time frame. It uses the GRID CIS algorithm based on two popular technical indicators (Ichimoku + Bollinger Bands) and two popular candlestick models (C7CB + BMKT).

A3C-NU has started Foward Test, you can follow the trading results on FXCE Social Trading Platform at here.

 

A3C-NU trading method

Strategy

Buying Conditions

The EA will enter an order if one of the following two conditions is met:

Case 1

  • Ichisignal's buy signal appears.

  • Lowest price of candle 1 > Middle Band of BB.

  • Candle body/entire candle 1 < 95%.

Case 2

  • C7CB buy pattern appears on candle 1 with candle body/entire candle 1 < 41%.

  • Candle body/entire candle 2 > 42%.

  • The BMKT sell pattern appeared on candlestick 3.

Selling Conditions

The EA will enter an order if one of the following two conditions is met:

Case 1

  • Ichisignal's sell signal appears.

  • Highest price of candle 1 < Middle Band of BB.

  • Candle body/entire candle 1 < 95%.

Case 2

  • The C7CB sell pattern appears on candle 1 with candle body/entire candle 1 < 41%.

  • Candle body/entire candle 2 > 42%.

  • The BMKT buy pattern appears on candlestick 3.

Risk management

First command

  • Fixed volume: 0.02 lots

  • Take Profit: 260 points

Grid Strategy

  • The EA executes Grid up to 6 orders when the price goes against the C7CB signal.

  • Volume by factor 2.0.

  • Take Profit for each order 180; 160; 140; 120; 100 points.

  • Close the entire order chain when Max Risk: $750

Backtest results

EA backtested under the following conditions:

  • Time Frame: M1

  • Backtest time: 01/01/2021 - 03/02/2023

  • Symbol: NZDUSD

  • Balance: $10.000

Set up Backtest

 

Backtest results of A3C-NU

We will evaluate the backtest results based on 4 criteria:

  • Drawdown recovery period = EDD * Backtest’s months / Total Net Profit

  • History Quality ≥ 99%

  • Profit Factor ≥ 1,5

  • Equity Drawdown ≤ 15%

Drawdown recovery period

Compare

Number of months

Criteria

4.292

<

6

Goof

 

History Quality 

Compare

Required level

Criteria

100%

>

99%

Meet

 

Profit Factor

Compare

Request

Criteria

3.06

>

1.5

Meet

 

Equity Drawdown 

Compare

15% 

Criteria

5.24%

<

15% 

Meet

 

See more about Backtest evaluation instructions: https://ea.fxce.com/post/huong-dan-danh-gia-ket-qua-backtest_636a2d4e56a5ec0001ade8e3 

Configuration instructions on FXCE Giga

You can follow these steps to configure and customize the EA as desired.

Set up the Entry tab

Buy order

Sell ​​order

Set up the Volume tab

Set up the Settings tab

 

Set up Action tab - Grid CIS

Terms of use

  • Use on the MT5 FXCE platform

  • This Indicator/EA is provided for free.

  • All trading and exchange activities in any form are not allowed.

  • FXCE, as well as Cuben2406, is  not responsible If money is lost during use.

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cloud-download-2 Download the EA config here.

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How to use EA configuration files

  • Detailed instructions on how to use EA from EA Giga library can be found here.

  • Copy the “.config” file into the folder where the FXCE Giga config file is saved.

  • To access the folder where the config file is saved, go to FXCE Giga and select the File > Open Data Folder menu.

#Grid CIS
#Giga Collection
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