Pillar

Pillar is a trend based EA that is suitable both for working in a portfolio of experts, and for standalone trading. Strategy of this Expert Advisor implies receiving a lot of small losses, which afterwards are covered by a significant profit. The Expert Advisor does not use hedging, martingale, grid strategies, arbitrage, etc.; it does not require special trading conditions or high speed of execution. Works on all brokers.

Input parameters

• Settings - select the preset for the currency pair.
• MagicNumber - magic number.
• Slippage - the level of protection against slippage.
• The hour of stopping trading on Friday - hour to stop trading on Friday.
• LotSize - trade using the specified fixed lot.
• Risk - risk level per trade as a percentage (if you want to trade a fixed lot, set the value to zero).
• RiskMult - enable/disable the increase of the lot size of the subsequent trades in a profitable series.

Recommendations

1. Timeframe: H1;
2. Currency pairs: EURUSD, GBPUSD, USDCAD.
3. Risk level: 1-2% per trade.
4. Deposit: $300 and higher (or $3 and higher, if a cent account is used).

Performance of the EA on a real account: https://www.mql5.com/en/signals/author/rembler

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