[Free EA] Twin Engine GBP | SYSTEMTRADE.COM

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Frequently Asked Questions

Can I use the EA right after purchase?

Yes. The EA file (.ex4/.ex5) becomes available for download from your account page immediately after payment completes.

Does it support MT4 or MT5?

Platform compatibility varies by product. Please check the "Supported Platform" field on each product page. Many EAs support both MT4 and MT5.

Can I try EAs on a demo account?

Most EAs do not support running on demo accounts. To help you decide before purchase, every EA's backtest results are shown in the "Backtest" tab and forward test performance in the "Performance" tab on each product page.

What is the recommended margin or lot size?

Recommended settings are listed for each EA in the "Product Details" section of its product page. Excessive lot sizing can cause catastrophic losses at maximum drawdown.

Can I change my licensed account?

After purchase, go to "Licensed Account Switch" on My Page and enter the MT4/MT5 account number you want to bind. The change applies immediately. You can change once per 24 hours.

Are refunds or returns available?

Due to the nature of digital products, we generally cannot refund or accept returns after the authentication code has been issued. However, if the EA itself has a critical defect that prevents operation and the fault lies with us, we will handle the case individually. Please contact us via the inquiry page.

Do backtest results match live performance?

Backtest results are theoretical values based on historical data, while forward tests reflect live environment performance. SYSTEMTRADE.COM publishes forward test data for every EA on its product page so you can verify live performance before purchase. Spread and execution delays typically cause some divergence between backtest and live results.

Parameters

Trading Info

Recommended Fund: 20,000

Expected Monthly Return: 4%

This data is based on a 0.01 lot size. Actual performance may vary depending on your lot size.

Entry Condition

Limited to specific time periods, entry is only made when the trend of the higher time frame and the momentum deviation of the lower time frame are aligned in the same direction. Market execution is performed after the "restart" of the pullback or retracement is confirmed by the time frame. Strength is determined by the most recent volatility ratio and the ratio of the body to the high/low range. Automatically withholds if outside the allowable spread.

Close Condition

A two-stage approach: forced closing through time management + price reaching. Initially, risk is stabilized by fixed profit/loss taking/stopping ranges, and if the advantage continues, profits are increased by gradual trailing. Early closing is prioritized when liquidity becomes thin. When a sudden change is detected, rules that lean towards the safe side are prioritized.

Favorable Market

"Re-acceleration" occurs when the direction is clear and volume (concentration of trades) is likely to pick up after a pullback or recovery. The higher-order time frame is trending smoothly, and the lower-order time frame temporarily overshoots before returning to equilibrium. This is a market condition where biased flows in Tokyo and trend-following in London are likely to be effective.

Unfavorable Market

When there are spikes and wicks immediately after an announcement, when the order book is thin and spreads widen, when the top time frame is flat and there are many false starts, trailing is less effective.