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Framework Expert Advisor
Framework Forex expert advisor uses three Commodity
Channel Index (CCI) indicators crosses to determine position opening and
closing. It is very simple, yet effective expert advisor. It also performs
checks for available free margin to stop trading if it is bankrupt. This EA
doesn't trade if bars didn't change or there were no 100 bars yet.
My test of Framework MetaTrader expert advisor gave a very
good result using GBP/JPY pair on a daily chart using just 0.1 standard lots -
about $20,000 profits over $10,000 account in one year, with just about $2,000
maximum drawdown. I've also checked it on a three years period and its
performance showed the same stability.
MiniFAQ
What are the stop-loss and take-profit used by this EA?
It uses 255 pip take-profit, but doesn’t use a stop-loss on its orders. It should
be on to close your orders when they are losing. The average losing order is 503 pips.
How often does it trade?
On daily GBP/JPY chart (the optimum settings) this EA will trade 2-3 times a month
on average.
Downloads
Download Framework expert advisor
Download zipped Framework expert advisor
Discussion
Warning! Before you ask any basic questions regarding installation of
the expert advisors, please, read this
MT4 Expert Advisors Tutorial
to get the elementary knowledge on handling them.
Do you have your own trading results or any other remarks regarding this
expert advisor? Discuss Framework with other traders and MQL programmers on the experts forums.
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