Colossus EA MT5 Backtest and File Set – Miscellaneous – December 6, 2023
Basic setting
- Colossus EA’s MT5 The default setup is a ready-to-trade strategy. EURUSD is M5. period, ECN Raw Spread Specially optimized for ICMarkets accounts (New York-based servers in GMT+3 time zone). You can also use other brokers or account types, but this may require testing. Colossus EA MT5 Please adjust the time required to suit your broker/account. Before testing or trading Colossus EA MT5, you will need to change the following settings: Buy Stop Distance (points): 70 and Sell Stop Distance (points): 30. Default settings were required for the Colossus EA MT5 to pass the MQL5.com Market Validation Test. .
Colossus EA MT5 It is very sensitive to trading conditions, and Strategy Tester highlights the importance of choosing the right broker and account type to successfully test your strategy. We recommend using: IC Market Raw Spread (ECN) account or equivalent ECN account from another reputable broker such as Razor Pepperstone account, Tickmill PRO account or XM Zero account. Even with promising results in the MT5 Strategy Tester test, early trading is strongly recommended. Colossus EA MT5 On a demo account before switching to a small real account. As you see positive results, you may want to gradually increase your balance.
To find out: need to adjust Colossus EA MT5 Before testing or trading, set your start and end times accordingly! Trading hours are optimized for ICMarkets GMT+3 in summer (GMT+2 in winter), so you should make any necessary adjustments to suit your broker’s server/Marketwatch times.
For example, if the broker operates at GMT+0 Colossus EA MT5 For testing purposes, we advance the trading time by 3 hours. For example, you should change it to:
Start time: 09:00
End time: 22:00
to
Start time: 06:00
End time: 19:00
you can find Colossus EA MT5 Set up your file with detailed instructions and advice at the bottom of this guide.
Here you can see the recommended settings for the Settings tab of the MT5 Strategy Tester.
advice: None of my EAs are miracle products that can predict the market. Instead, they are honest, well-coded professional advisors designed to help you gain more than you lose. They do not use martingale or grid strategies. This means that the results do not show a consistently rising profit curve. There may be twists and turns. Success with them requires patience and discipline. My general recommendation is to test all provided set files in Strategy Tester. If you find the results interesting, consider purchasing. I regularly optimize all EAs and release new set files twice a year. Additionally, at the end of each month, we evaluate the performance of all provided set files and provide new suggestions based on the symbols that performed best over the past 2-3 months. Rather than using all files, it is better to trade only the best performing set files, limiting your risk to 1% or 2% per symbol.
warning! If you plan to trade only one of the set files provided, you can leave the Risk % per trade at the default 5%, but if you want to trade all set files, we recommend setting the Risk % per trade to 1. % – 2% per symbol.
✔️ Colossus EA MT5©: https://www.mql5.com/en/market/product/64856
