This trading bot is designed for the US500 index on a 5-minute timeframe. It uses two Exponential Moving Averages (EMAs) with different periods to identify trend direction and generate entry signals. Additional indicators include the Stochastic Oscillator and Average True Range (ATR), which help optimize entries based on market volatility. The strategy supports both long and short positions, favoring long trades while opening short positions only under favorable conditions.
Backtesting from July 2, 2024, to March 10, 2025, shows a 27% win rate, a maximum balance drawdown of 10%, and a maximum equity drawdown of 12%. The bot is intended for trading indices on short timeframes and can be combined with a complementary product that opens only short positions, providing a balanced approach to bullish and bearish market trends.
Example results with a €100 investment, using a 0.01 lot size (equivalent to €2 risk per trade) and leverage up to 200x, demonstrate potential returns. The bot’s performance and strategy details are based on backtests and live proving conducted via IC Markets. Users should be aware that trading involves significant risks and past performance does not guarantee future results.