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Cryptocurrency News Video
Bitcoin Wizard EA Profit Growth 172% ONLY 2 WEEKS trading | Bitcoin Trading Forex
May 14, 2024 at 12:45 pm HG Trade
========================
Recomended of trusted brokers.
Exness (Trading Enjoy With Zero Spread) :
https://one.exness-track.com/a/2hwkmt08qh
FBS (Bonus Deposit up to 100%) : https://tinyurl.com/hgtrade
XM ( Fast Open Trade Execution Without Delay ) : https://clicks.pipaffiliates.com/c?c=714222&l=id&p=2285
The Best VPS Recommendations for Forex Meta Traders.
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PROP FIRM
* Smart Prop Trader ( Coupon Code: SPT155 ) : https://trader.smartproptrader.com/?affiliateId=1158
* FTMO (Recive up to 90% of profits and we cover the losess) : https://trader.ftmo.com/?affiliates=TESkFgBAlucbqBmaixnG
* FundedNext (FundedNext is the only prop firm to offer a 15% profit sharing from the profit you make during the challenge phases and There are No Time Limits for Challenges. It means you can take as much time as you want to reach the profit target) : https://fundednext.com/?fpr=hgtrade
Check the link below to download the EA :
Website : https://www.ea-hgtrade.com/
Telegram (I Share My EA) : https://t.me/eahgtrade
Telegram (Community) : https://t.me/eahgtradeshareyourea
========================
Hallo traders.
This is part 1 of the discussion on the forward test of the Bitcoin Wizard expert advisor. The expert advisor operates without utilizing risky methods such as martingale and grid. Trading will be restricted with a stop loss of approximately 100 pips. You can run this expert advisor continuously for 7 days in a week.
The recommended capital ranges from 100 USD to 1000 USD. For further information, you can pause this video to read the detailed explanation.
Now, let's directly review the results of the forward test conducted by the developer of Bitcoin Wizard.
The profit growth achieved reached 118%. This profit was attained in a relatively short time, only within 13 weeks. With a capital of 200 USD, the profit generated was 235 USD, with a drawdown around 10%. Trading started in February, and every month the expert advisor consistently generated profits, currently totaling more than 100%.
We can analyze the equity growth here; the expert advisor doesn't use martingale. From a 200 USD capital, the balance has steadily grown to 435 USD.
Trading results would be more optimal with a low-latency VPS. I've provided a registration link to get a low-latency VPS. For more information, you can check the link in the video description.
Next, let's look at the trading history. It's evident that the lot size used in this trading is 0.08, without applying martingale. The lot size automatically adjusts according to the existing balance. With the current balance at 435 USD, the lot size used is 0.08, meaning 50 USD for every lot of 0.01.
Over the course of 13 weeks, a total of 202 open trades were executed with a win rate of 72%. The largest consecutive loss in nominal USD was 17.53 USD from 2 open trades, while the maximum consecutive loss in open trades was 4 open trades with a loss of 15 USD. However, it's noticeable that the consecutive profits were higher, reaching up to 9 open trades with a profit of 62 USD.
The forward test wasn't conducted on just one account; there were 3 other trading accounts running the Bitcoin Wizard expert advisor.
On the second account, a profit of 125% was achieved in 15 weeks.
On the third account, a profit of 242% was achieved in 12 weeks.
And on the fourth account, a profit of 172% was achieved in just 2 weeks.
Alright, these are the results of the forward test conducted by the developer. Next, I plan to run this expert advisor directly for the next few weeks. I've already shared this expert advisor for free in the HG Trade telegram group.
I run the Bitcoin Wizard expert advisor on a 30-minute time frame. For the parameters, I set them as follows: stop loss at 100 pips, take profit at 200 pips, and the maximum allowed spread is 120 pips.
For further updates on the forward test information, I will inform you in the upcoming videos. Okay, I believe that's enough for part 1 of the video. Thank you for watching until the end.
========================
How to Backtest With Tickstory :
https://youtu.be/rMEPRDD2ncY
Thank you for watching.
Support this channel so that it continues to grow by subscribe, like, share and comment. You will get an expert advisor for free. And find the right expert advisor for you.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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