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. Every trade is carried out using market orders, with a set stop loss.

Features of Mean Reversion Robot

The following are the notable features of the Mean Reversion Robot:

• Single Chart Setup: The system allows trading multi-currency from a singular chart setup.
• Trading Times: It refrains from initiating trades during periods of potentially low liquidity, notably the bank rollover timings of 0:00-1:00.
• Filters and Detection Mechanisms:
  • Advanced News Filter: This is designed to keep track of market news.
  • Stock Market Crash Filter: Intended to recognize significant market downturns.
  • Auto GMT Detection: Automates the adjustment based on the trader’s time zone.
  • Negative Swap Filter: Aims to avoid trades with potential negative interest charges.

Please test in a demo account first for at least a week. Also, please familiarize yourself and understand how this Mean Reversion Robot works, then only use it in a real account.

Recommendations for Reversion Trading EA

• Minimum account balance of 100$ (It can even work with 50$).
• This EA is one chart setup, so it’s only needed to attach on one pair. It will trade on all pairs described on the input parameter.
• EURUSD is recommended, and If your broker uses a suffix (e.g. EURUSD.a), you should update names in the Symbol parameter.
• Work Best on EURNZD, EURAUD, AUDNZD, and NZDCAD (Work on any currency pair)
• Work Only on M5.
• MT4 cannot perform multi-currency backtests, So when you backtest this EA, you only get the result of the only pair you tested.
• This Reversion Trading EA should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
• Low Spread, Slippage, and quick execution account is Recommended, especially during rollover time (Find the Perfect Broker For You Here)

The post Mean Reversion Trading EA FREE Download [Update] appeared first on TECH WIZ.