SharpRebound

SharpRebound is an Expert Advisor using a roll-back strategy after a strong movement. The EA works on M1 chart.

Two trading options:

1. market execution
2. pending order

Requirements:

1. Broker with no execution delays and requotes with an order execution speed less than 300 ms.
2. Broker server connection time – less than 100 ms.
3. ECN account type.
4. PC RAM – at least 3 GB.

Main settings (used in the tests):

1. Lot = 0.01; if MoneyManagement = false, order open volume is equal to a specified value
2. Slippage = 2; allowed slippage
3. Spred = 2; maximum allowable spread, at which orders are opened
4. Depozit = 100; % of the deposit funds considering a leverage
5. Risk = 1; risk % of the used funds %
6. OrdTot = 1; number of orders opened simultaneously in the same direction
7. TeProfit = 50; TakeProfit
8. StLoss = 2; StopLoss
9. UstanSLTP = true; enabled
10. OtlogOrder = true; pending order (if false, orders are opened by market execution)
11. MoneyManagement = true; money management enabled, Lot auto calculation considering Depozit, Risk, StLoss, Spred
12. LONG = true; buy enabled
13. SHORT = true; sell enabled