Current win rate 100%! AUD/CAD scalping EA 'Rise AUDCAD'

When it comes to Gold Man Cat's FX automated trading system, a while ago,'梓弓_USDJPY' was a hit with over 200 users,

Recently,'Jellyfish_Forex' was a regular in the system-trade rankings for a while, so many of you may know it.

Gold Man Cat has developed many EAs so far, butthe new scalping EA is performing well, so I’ll introduce it quietly!

◆ About the Strategy

Currency pair: AUD/CAD

Trading style: scalping, day trading, swing trading

Timeframe: M5

Maximum number of positions: 1

Maximum lots: 100

Maximum stop loss: 200

Take profit: 10

'Max lots 100 with max stop loss 200, huh…' You may hesitate, but the lot size and SL can be set via parameters, so rest assured.

Note: Personally, starting at 0.01 lots is recommended.

'But if you set SL to 100, won't you hit stop loss quickly?' you might think.

However, the product page has this statement!

Furthermore, backtests for changing to 100, 50, 25, 20, and 15 pips are also published.

(Please check the product overview for the list of backtests.)

Among them,a 100-pip setting yields a 99% win rate!

For traders, money management is the most important, so please adjust to your own funds.

Also, as of the date of writing this article on 12/17, the EA has a 100% win rate.

It's not that the number of trades is extremely low; since the forward testing began on GogoJungle, trades have been conducted several times per week consistently.

Looking at the forward results, entries often occur late at night, so depending on your FX provider, spreads could be a concern.

Rise AUDCAD has a spread filter built in, so,

If you have decided not to enter unless the spread is below a certain level, you can configure it yourself.

An EA that seems stable for long-term operation, so it should be a reliable member of your portfolio!

Written by kuwabara