This expert Advisor is known for a very long time. When it was created, hardly anyone can say for sure, but information about it can be found in 2014. Since the robot was improved, out of its modified version, adapted to the changes of the market, but the popularity of the robot remains high. Even the fact that people continue to speak about it, is revealing.
- Free version of the EA you can download at the site of the broker A-Markets. For maximal simplification of the trading Advisor ATR Trailer this version is already configured for maximum profits. If you are poorly versed in the specifics of his work, save the basic settings. During the testing process you will understand how to work better.
ATR Trailer advisor — robot with moderate yield
The principle of operation of the robot is based on the maximization of profit in the moment of strong movement of the trend. The hedged position is a trailing stop. The robot determines the volatility of a currency pair over a certain interval of time, and in accordance with the settings opens a trade. But the direction of opening is determined by the trader (that is, the transaction can be opened in the opposite direction).
Baseline conditions of ATR Trailer:
- currency pair — US dollar/yen. The best results were obtained with it, but nobody forbids to experiment. The Euro in tandem with the US dollar it is better not to use;
- timeframe — М30;
- yields about 5% per month (or 28.1% over 6 months — maximum result);
- recommended deposit — $ 2,000;
- maximum drawdown is 27,41%.
The adjusting parameters of the ATR Trailer Expert Advisor:
- ATR_Period — he parameter responsible for the size of the trailing stop;
- ATR_Multiplier — the multiplier, which will be the multiplication of the ATR indicator;
- StartWith — «1» — position for sale, «2» — a buy position (direction of the trade determined by the trader);
- Slippage — the maximum slippage (in points);
- Lots — minimum lot size;
- Magic — a parameter that allows the robot to distinguish their own positions from positions opened manually or by other advisors.
The settings of the ATR period, the default period is 24, the multiplier is 3. On the Internet reviews are moderate about this expert Advisor. I found another convincing backtest, the results of which were more modest, but with less risk. With the drawdown of 5.8% in 8 months managed to earn 15.3 percent of profits. During this time, 210 transactions were discovered, 38.5% of which were profitable. The average number of open positions — 1 per day.
Summary. There are neither negative nor positive reviews about the adviser there. That is, the robot can be attributed to neutral, but its undeniable advantage is the low drawdown. Reason in the open position, the opposite trend is not clear, but a similar strategy in the Forex market occur. Advisor ATR Trailer is simple — a minimum of settings, working on a trailing stop, compatible with ECN, the trader tells the slippage parameter. In short, download the program and test.