Enzo EA

Enzo EA

ENZO EA  is a fully automated expert Advisor using an advanced search and breakdown mechanism for local extrema. The algorithm of the program is designed in such a way that the EA uses a signal not from the current price, but from the price of the channel. It was tested on real tick data with real floating spread (with Commission) for the 10-year period from 2009 to 2019. Each trade is protected by Stop Loss, each trade has built-in protection against large spreads and slippages. The standard settings are optimized for EURUSD M15 with GMT=0

enzo ea chart

Click on the chart to see the live trading results

Enzo EA description

  • Does not use martingale;
  • Does not use grid;
  • All trades are protected by stop loss;

Recommendations

  • Before using the EA on a real account, test it with minimal risk or on a demo account;
  • Use VPS server;
  • Low spreads + low commissions + quality execution;
  • Broker with minimum Stop Loss level 0 pips
  • Standard settings are optimized for EURUSD M15

The settings of the program, their detailed description

  • Maximum Take Profit - maximum take profit for a trade
  • Fixed StopLoss - fixed stop loss
  • Enable Virtual StopLoss - enable / disable virtual stop loss
  • Max Slippage - the maximum slippage for the trade
  • Fixed Lot Size - fixed trade size (activated if Risk=0)
  • First Filter - the first filter to select the channel to buy
  • Secondary Filter - second filter for channel selection for sale
  • Shift for Buy Orders - price shift for buy orders
  • Shift for Sell Orders - price shift for sell orders
  • Maximum spread for trading - the maximum level of spread for the broker
  • Floating Profit - enable / disable floating profit and breakeven
  • First profit for the deal - required profit to enable the transfer mode to breakeven
  • Minimum fixed profit - the minimum profit is fixed for the transaction
  • Enable Trailing Profit - enable trailing stop
  • Profit for the trailing - minimum profit to activate trailing stop
  • GMT - server time zone
  • Start trading on Monday ( GMT + 0) - start on Monday
  • End trading on Friday ( GMT+0) - end of Fri
  • Start trading ( GMT+0) - daily start of trading
  • End trading ( GMT+0) - daily end of trading
  • Magic - magic number
  • ShowPanel - show info panel

 

Drawdown

10-20%

Monthly gain

10-15%

Strategy type

Price action, Scalping

Reviews

There are no reviews yet.

Quick statistics
NameEnzo EA
TypeScalping – Price Action
Leverage1:400 or higher
Time frameM15
Lot sizeVariable
Stop lossYes
Trailing stopNo
Min account size$5000
IndicatorsNo
Currency pairEURUSD
Demo testingNo
Projected annual profit150%
Projected max DD20%
To trade the Enzo EA you can open your free broker account by clicking the button.