Bloom EB EA trades the breakdown of support-resistance levels. Trades often, short stops and takes, trailing is a classic of breakouts. Places multiple orders at once, so there can be more than one open position in the market. Opens pending orders an hour after rollover and removes an hour before to reopen after – so the maximum number of orders in the statistics falls on the first hour of the day.
Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication. In order not to miss any material, subscribe to our telegram channel https://t.me/Fx_VIP
|Developer price||not exactly known FREE for you|
|Currency pair||EURUSD, USDJPY|
|Money management||At least 100 currency units|
|Recommended brokers||IC Markets , ALPARI|
|For advisor recommended to use VPS 24/5||Zomro (most affordable Windows server only $ 2.75 per month)|
The back test was conducted from the beginning of 2022 to June inclusive, that is, below you can see the results of the test on history for the last six months, the deposit is $100, the default setting was the only lot changed to 0.01, the adviser shows a confident positive trend.
Testing the adviser on history looks very interesting, I think I will put this adviser on a cent account and see how the trade goes. The correlation of profits / losses by pairs is remarkable (or rather, its absence) – in some way justifies the installation on both pairs.
Based on the back test, we can assume that if we had put this advisor at the beginning of this year on an account with a deposit of $200, trading would have taken place on two currency pairs, then at the moment 6 months of trading would have passed and the advisor would have earned $110, that is, it would have brought us 55% profit and the maximum drawdown at the same time was about 10%, this is a very good result! But do not forget that this is the result of a history test, in real trading these indicators may differ!
When setting/updating the settings on the account, the EA opens a buy order with a very close stop – in fact, you immediately get on the spread at least. Probably, the developer does not know how to initialize variables before the first call of the trading function. Therefore, it is recommended to put it on the chart on weekends.
Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you can not afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lotsize. You can always increase risk later!