Treasure Island EA designed for the GbpJpy currency pair, trades infrequently about 3-4 trades per week, does not use martingale, hedging or grid, each trade is protected by SL and has a TP followed by a trailing stop, the trail function is also used to reduce losses on losing trades.
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|Developer price||not exactly known FREE for you|
|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 carried out with a minimum deposit of $100 with a lot of 0.01 set in the advisor settings, all other parameters remained by default, EA shows decent results!!!
Personally, I really like advisers like this one, it conducts calm measured trading, does not use dangerous methods and does not scalp on several pips, clearly following normal targets,which allows you to use it without a doubt with any normal broker, SL less TP more, everything is classic!!!
As for me, lacks this adviser automatic calculation of the lot, that is, with the growth of the deposit, you need to manually correct the lot, but I don’t think this is a big problem, the most important thing is that the adviser makes a profit, everything else is trifles.
I advise you to put this adviser on a demo or cent account and watch it for about 2 months, if the result is satisfactory, then you can bet on a real account, I wish everyone successful trading!!!
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!