BlessFifthElement

Characteristics

• hedging ea.
• open two opposite position at the same time
• open more position when price reach certain level against entry position
• the number of max entry position can be determined by user (preset)
• Suitability - For big ranging market (eg: price up 100pips and then down 40-50pips).
  
• Caution: Big blow if market trending for a long time. Please test the EA before using it on a real money account
  
• Suitable for small lot account. ie: interbank, liteforex, pfgfx, alpari
• See strategy tester result from Nov1 to Dec12

Click image to enlarge

Tester Result on GBPUSD

• setting
  
  • initial deposit 10k
  • Min GS - 20 (open new position 20pips from current position)
  • Initial Lot - 0.02 ($0.02)
    
  • TP - 27 (take profit at 27pips)
  • Max Trade - 15 (Maximum open position)
  • regular spread (currency pair normal spread)
  • Multiplier - 2 (next position open will be double than current open position)
• Modelling quality result 90%
• Total Net Profit $2561.00
• 25.61% capital appreciation in 1month and 12 days. Impressive!

Our Comment

With more effort on testing and customization of setting, We think that this EA has a really huge potential to constantly make money. Thanks to MR Bless from FOREXTSD to makes this EA free for all.

Want to test the EA?

Download Bless Fifth Element 6 (6.88kb)