Overview

HTV-BMA68 is configured on FXCE Giga by member Hoang Tram Vo (Telegram: @wind1239) of the FXCE - EA community with the goal of Single Shot XAUUSD on the M30 timeframe.

Trading signals need to be satisfied many different indicators such as Bollinger Bands, EMA, Parabolic SAR and RSI. This provides high accuracy for trend trading.

In addition, the ratio R:R = 1:9 and Trailing Stop helps to preserve profits and minimize losses.

HTV-BMA68 on MT5

The EA has been forward test on FXCE Social Trading Platform, users can track it here.

Trading method

Strategy

Buy conditions

• The 1st Candle closed and crossed the upper band of Bollinger Bands

• RSI at the 1st candle > 60

• MACD at the 1st candle > 0

• EMA10 is above EMA89

• The 1st candle closed above the Parabolic SAR indicator

• The body of the 1st candle is < 300 points

• Time Frame: M30

Sell conditions

• The 1st candle closed and crossed the lower band of Bollinger Bands

• RSI at the 1st candle < 40

• MACD at the 1st candle < 0

• EMA10 is below EMA89

• The 1st candle closed below the Parabolic SAR indicator

• The body of the 1st candle is < 300 points

• Time Frame: M30

Risk management

• Trading volume: 0.68% of initial balance

• R:R Ratio = 1:9

• Closing conditions:

• Buy order: closing price below EMA89

• Sell order: closing price above EMA89

• Start Trailing Stop after status order reaches 2R in profit

Indicators

• Bollinger Bands (20)

• RSI (20)

• EMA (10 & 89)

• Parabolic SAR (0.02, 0.2)

• MACD (12,26,9)

• RSI (14)

Backtesting results

The EA backtested under the following conditions:

• Time Frame: M30

• Backtest period: 01/01/2020 - 01/12/2022

• Symbol: XAUUSD

• Balance: $10.000

Backtest settings 

HTV-BMA68 backtesting results

The backtest result is evaluated based on 4 criteria:

• Drawdown recovery period = EDD * Number of months Backtest / Total Net Profit

• History Quality ≥ 99%

• Profit Factor ≥ 1,5

• Equity Drawdown ≤ 15%

More information on the Backtest assessment guiding: https://ea.fxce.com/post/huong-dan-danh-gia-ket-qua-backtest_636a2d4e56a5ec0001ade8e3

Configurating on Giga

Follow the steps to configure and can customize the EA:

Entry tab settings

Buy order

Sell order

Volume tab settings

Buy order

Sell order

Close tab settings

Buy order

Sell order

Settings tab

Action tab settings - Trailing Stop

Terms of use

• The EA is free of charge and shared by member Hoang Tram Vo (Telegram: @wind1239) of FXCE EA.

• Used on MT5 FXCE platform

• Any purchase, sale or exchange in any form is not allowed.

• FXCE as well as Hoang Tram Vo are not responsible for any loss during use.

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Download the EA config here

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• 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.

• After loading the config file into FXCE Giga, users can perform backtest or forward test.