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Mean Reversion Trading EA

A mean-reversion trading system called Reversion Trading EA was developed for the hectic American trading period. The Mean Reversion Trading EA is specifically designed for cross pairs recognized for their strong mean-reverting tendencies, in contrast to many scalping systems currently on the market. This guarantees high-profit goals while maximizing the ratio of reward to risk.

It is open from 19:00 to 23:00, with no trading taking place from 0:00 to 1:00 during rollover periods. It falls under the standard scalping category in terms of trade durations, with trades lasting little more than a few hours.

Algorithms are used by this EA to identify market entrance and exit points. It does not use grid or martingale strategies, in contrast to some systems. Each trade is carried out using market orders, each with a predetermined stop loss to protect investments from unanticipated market volatility.

Recommendations

  • Minimum account balance of $100 ($50 will also work).
  • Since this EA only requires one chart configuration, just one pair needs to be attached. All the pairs listed in the input parameter will be traded.
  • It is advised to use EURUSD, and you should alter names in the Symbol field if your broker adds a suffix (for example, EURUSD.a).
  • Work well with any currency pair, but especially well with EURNZD, EURAUD, AUDNZD, and NZDCAD
  • just on the M5.
  • Since multi-currency backtests are not possible on MT4, the results of the backtest of this EA are limited to the results of the single pair that was tested
  • This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM). 
  • low spread ECN account is also advised (Find the Perfect Broker For You Here).

No Minimum Deposit

ECN Acount

No Commission

Min Deposit of 20$
Allow USA Traders
Levergae up to 1:500

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