Price Action X2

This EA creates Buy and Sell orders based on some price action principles.

Basically it is not martingale or grid and trades just one trade at a time with a trailing stop and a stop loss based on percentage of equity risk.

It accepts 4-digit and 5-digit brokers.

It does not work on the calculation modes that are not Forex. So it will work only on Forex symbols.

The default set is for EURUSD H1 and I recommend to test the EA on that symbol first. Other symbols require optimization and the user can use them at his/her own risk.

The EA is price action based, does not use grid or martingale. It has money management and risk calculation, as well as Max DD StopLoss.

It can work on Micro and Standard or Cent accounts with main Forex symbols.

It is recommended to have low spread, fast STP or ECN execution. Although a few milliseconds will not affect final results, neither a few pips will.

I will do my best to provide support and sets for other symbols.

A showcase account will be set at: https://www.mql5.com/en/signals/187086

The Increasemethod recovery system can be very profitable, and at the same time very risky. It works mainly on EURUSD as this was the symbol studied to create this algorithm. But it may work on other symbols. Make sure you do not get more than two consecutive losses when testing and the recovery method will work fine.

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