This EA is a short-term contrarian-type EA specialized for AUD/CAD. It comprehensively checks market momentum, candlestick balance, and conditions across multiple time frames, and features safe entries aimed at "rebounding from excessive movements." It utilizes both single and additional entries depending on the situation, and is structured to enter only when opportunities are clear. It is designed to reduce unnecessary trades and focus on high-quality opportunities. It determines when market momentum has settled and automatically takes profits. It also takes safety into consideration with risk management using fixed stops and weekend closing functions. This EA is well-suited to the unique volatility of AUD/CAD, and can be expected to perform consistently in range markets and reversal points. It automatically determines the "quality of the rebound," which is difficult to determine manually, making it a useful complement to your portfolio.
RSI Wick Reversal
A contrarian EA for AUDCAD with multiple time frames and RSI. This is a scalping EA with high accuracy entry that closely examines the wicks and candlestick size and targets only excessive retracements and oversold positions.
- Currency Pair
- AUDCAD
- Trade Type
- Scalping
- Timeframe
- M1
- Max Positions
- 3 Positions
- Max Stop Loss
- 80
- Hedge
- No
Forward Test
| Close Time | Type | Close Price | Symbol | Lot Size | Profit/Loss |
|---|
Buy vs Sell Trade Ratio
Buy vs Sell Profit/Loss
Entries by Time of Day
Performance Scorecard
P/L Calendar
Recommended Fund: 200
Expected Monthly Return: 5%
EA Backtest Analysis
I tried it with Australian dollars. The setup was intuitive and I was able to start relatively quickly, which was great. The results are stable and not bad, but the movements are a bit subdued for a scalping strategy. I want to wait and see a bit longer before making a final decision.
Foreign exchange margin trading (FX) is a high-risk financial product and is not suitable for all investors. Leverage increases the risk of loss, and you may lose part or all of your invested capital.
- The information on this site is provided for reference in making investment decisions and does not solicit or recommend the purchase or sale of any specific financial product.
- Trading conditions such as swap points, commissions and spreads differ by broker. Please check your broker's conditions carefully and make your final investment decision at your own responsibility.
- Past performance and backtest results of an EA do not guarantee future profits. Please understand that changes in market conditions may cause losses greater than expected.
- Before you start trading, carefully consider your investment objectives, financial situation and risk tolerance.
Popular Products
-
Market ClockRunner
¥16,000Rated 5.00 out of 5 -
GiveHapiness
¥34,000Rated 5.00 out of 5 -
K_Kewl_USDJPY_SC
¥24,800Rated 5.00 out of 5 -
Nyan Pon
¥25,000Rated 5.00 out of 5 -
Abyss_AUDCAD_M5
¥34,800Rated 5.00 out of 5

