Mean Reversion – EA MetaTrader 4

Mean Reversion strategy works best on daily time frame major forex pairs  .

Try it on demo first.

If you do not want to trade with increasing lot size when you lose  a trade set:”IncreaseFactor=0″

Inputs

•  Use_TP_In_Money- Use Take Profit In Money (values:true/false).
•  TP_In_Money- Take Profit In Money   (values: 10-100).
• Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
• TP_In_Percent- Take Profit In Percent (values: 10-100).
• ————[Money Trailing Stop For Multiple Trades]———————-
• Enable_Trailing-Enable_Trailing with money  (values:true/false).
• Take Profit In Money (in current currency) (values: 25-200).
• Stop Loss In Money(in current currency) (values: 1-20).
• ————————————————————————————–
• Exit= Close trades if the trend is against you and control draw dwon (values:true/false).
• BarsToCount= Bars To Count  (values: 1-20).
• Lots – Lots size (values: 0.01-1).
• Lots size Exponent  (values: 1.01-2).
• IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
• Stop_Loss – Stop Loss (values: 30-500).  /set value 600 for  Multiple Trades
• MagicNumber – Magic number (values: 1-100000).
• TakeProfit – Take Profit (values: 50-200).  /set value 600 for  Multiple Trades
• FastMA – Fast Moving Average (values: 1-20).
• SlowMA – Slow Moving Average (values: 50-200).
•  Mom_Sell-Momentum_Sell trigger(values: 0.1-5).
•  Mom_Buy-Momentum_Buy trigger(values: 0.1-5).
• ———————CONTROL DRAW DOWN—————————–
• UseEquityStop –  (values:true/false).
• TotalEquityRisk- (values: 0.01-20).
• ——————————————————————————-
• Max_Trades(1-12). 
• FractalNum= Number Of High And Low(values: 1-10).
• —————-IF YOU USE ONLY 1 TRADE:———————–
• /////////////////////////////////////////////////////////////////////
• USETRAILINGSTOP-If use trailing stop (values:true/false).
• WHENTOTRAIL-When to trail (values: 40-100).
• TRAILAMOUNT-Trail amount (values: 40-100).
• Distance From Candle -Distance From Candle (values: 1-100).
• USECANDELTRAIL=If use trailing stop (values:true/false).
• X=2-number of candles (values: 1-100).
• USEMOVETOBREAKEVEN-Enable ” break even ” (values: true/false).
• WHENTOMOVETOBE-When to move break even (values: 1-30).
• PIPSTOMOVESL=30-How much pips to move stop loss  (values: 1-30).
• ////////////////////////////////////////////////////////////////////////

• You need to optimize this EA once  a month and use the exact same  inputs from above .

• How to perform back test:https://bit.ly/2CD7XWD