Positive MT4

Pullback EA for trading forex pairs. It tracks currency-specific intraday price actions, and depending on the nature of these actions opens trades with an expectation to return to initial price levels. Optimized for trading on all 28 forex pairs of USD, EUR, GBP, JPY, CAD, CHF, AUD, NZD.

Live performance: AUDNZD

Timeframe. M15.

Currency pairs. 28 pairs for USD, EUR, GBP, JPY, CAD, CHF, AUD, NZD.

Minimal required deposit. 800 USD per pair.

It smoothly opens and closes multiple trades one by one. Up to 7 trades with 1:1 leverage each may be opened by default. Max trades and lot calculation (fixed lot, risk per trade, leverage per trade) may be flexibly changed.

Not sensitive to volatility changes: stop-loss and take-profit are calculated dynamically.

Not sensitive to spread and slippage: most of trades are opened and closed on quiet market.

Works with any broker and on any account type.

Server timezone settings are valid for most of brokers, make sure these settings are correct. Rest may be left default, no specific set-files necessary. EA is ready to trade.

EA does not hold buys and sells at the same time. It will open buy only if there are no open sells, otherwise it will close one of sells, and vice versa. This approach saves swaps, while list of trades at certain point of time will depend on date of EA launch on live chart or starting date of backtest.

Neither tester nor live performance in the past guarantees future returns. Live risk settings should not be based on backtests. Low risk trading is potentially more profitable in a long-term perspective. Default EA risk settings are fairly low and should not be increased too much.

Send personal messages for any questions on EA work, installation and settings.