【Forward in good shape】An EA for three currency pairs that avoids whipsaws and pursues profits!

Active FX trader's Forex_TAM is listing the 'RECOBA Triple Swing M5'

EA’s name is something many people have only heard of.

Sales began last April, but it has gradually gained in popularity and is now used by about200 people.

This time, we will introduce the EA that is a regular in the system-tradingRECOBA Triple Swing M5！

This EA enters MT4 time 0:30～2:00 between 0:30 and 2:00 MT4 time.

Exit timing varies, but since it uses a logic that cuts losses early, you probably won't go pale when you MT4 in the morning.

Currency pairs: GBP/JPY ・ EUR/JPY ・ AUD/JPY

Trading style：Swing trading、Day trading、Scalping

Maximum positions：1

Maximum stop loss：100

Timeframe used：M5

Hedging：None

※This EA can operate only on MT4 accounts with GMT offset +2 in winter and +3 in summer.

Maximum SL is 100, so if you're worried, you can set it to 50 and it will still operate reliably with a newer version.

The current forward test results look like this.

You can see that profits are steadily piling up.

Moreover, if you purchaseRECOBA Triple Swing M5, you can build a portfolio with three currency pairs, which could be a good deal!

This time, we analyzed the backtest for EUR/JPY among those currency pairs.

The backtest data required for listing is actuallyForex_TAM, who has submitted data from1999 to 2019.Year

If you graph the annual profit/loss for the entire period,almost every year ends in the black, you can see that.

2005 and 2007 show losses for only 2 years, but compared to other years, the amount isn’t very large.

By the way, 2005 saw terrorist incidents around the world, 2007 was the year of the subprime mortgage crisis… at year’s end.

Next, here is a graph broken down by month for the entire period.

The 12th month looks red up close, but all other months are positive.

Also, on the product page you can see a lot of high ratings from community buyers.

An EA this popular at its initial listing is rare, but it’s even more noteworthy because actual users rate it, right…!

Written by kuwabara