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PureMath EA Guide – Trading Strategy – May 26, 2024

PureMath is based on a real-time trading strategy. This EA does not use AI, which cannot see the future anyway, or neural networks, which can be trained on historical data and therefore have good backtesting. PureMath EA outperforms most, if not all, EAs based on neural network training or AI bots in this market. This EA is based on: Proven trend detection breakout strategy It has a sufficiently high win rate both in the long term and in the short term. Each trading decision made by this EA is verified by three independent algorithms to calculate the best entry position. We do not use risky money management systems such as Grid or Martingale. Don’t expect to trade on the first dayThis EA chooses its entry points very carefully.

Why PureMath:

The main reason PureMath came to MT5 was because many in the trading community began to believe that AI and neural network training would completely replace traditional strategies based on indicators that even professional traders use. I’m here to prove that this EA can outperform most, if not all, AI EA’s on the market. Of course, there are some scam EAs that generate fake backtest results to attract more buyers, and these backtests probably won’t perform any better than PureMath EA. But other than that, I believe PureMath will establish itself as a top-performing EA.

Many AI or neural network based EAs have pretty decent backtests since they are trained on that data, so of course backtests are good, but when the EAs are installed on live trading, their performance is usually very poor. PureMath EA does not use any training or AI to learn from historical data. So as long as you have high-quality data for backtesting, reality should be very similar to the backtesting data.

characteristic:

  • no grid
  • No martingale
  • It works with a hedging account, but is not required.
  • No AI, neural networks or fake backtest record readers.
  • pure mathematics
  • Configurable lot sizes or dynamic lot calculations
  • Can be configured to open only short-term or long-term trades, or both
  • low drawdown
  • Low minimum deposit – 200 USD is enough for basic setup.
  • Trading date filter
  • Works out of the box (no configuration file required)

How to install the robot:

To install PureMath EA, you must purchase it here. You will then have access to install directly on your MetaTrader 5 instance. Then drag and drop the EA. EURUSD H1 chart. Select the entry location mode in the input settings. IC_BALANCED for the IC market or one of the modes starting with FM_ prefix for convergence markets, but FM_SCALPING is recommended for best performance. The default risk in % per trade is 2%. You can specify other values, but keep in mind the risks involved. Risk % largely depends on your account leverage.

The higher the leverage, the more capital is at risk. Below you will find a table to choose the appropriate risk. However, this is not financial advice to you and you should always do your own backtesting with a given risk % to determine the actual DD and potential risk associated with choosing a particular value. .

This EA must run non-stop so that you can keep track of your trades and always calculate the best entry position. Turning off your EA for certain periods of time during open trading may result in poor performance and loss of trades you might otherwise have gained.

suggestion best Risk per trade for different leverage levels

Influence
1:256%
1:306%
1:505%
1:100three%
1:200three%
1:5002%

Please keep in mind this is the maximumFor safer trading, keeping your risk ratio low is very helpful.

Recommended Brokers:

Of course, this EA runs on all platforms. Low Spread ECN MT5 BrokerHowever, I chose these two brokers for testing. This is why we recommend these brokers.

– IC market

– Fusion Market

Options described:

environmentbasicexplanation
static lot size 0 0 = Dynamic lot size calculation
0.01 = fixed lot size of 0.01 (minimum) for each transaction
Risk rate per transaction (%) 2 Risk % (keep a maximum of 1.5-2% for leverage 1:500 and can increase up to 10% for lower leverages like 1:30, but keep in mind the risks involved)
Maximum dynamic lot size 0 Maximum allowed lot size per trade, no effect on static lot sizes (0 = maximum size defined by broker)
Entry position mode IC_BALANCED FM_SCALPING (optimized for FusionMarkets) = maximum number of trades, 60-70% expected win, higher risk.
FM_Balance (optimized Fusion Market) = Fewer trades, expected to win 65-75%, increased risk
FM_Accurate (optimized Fusion Market) = Minimum number of trades 75%+ expected win, medium risk, small profit, position can be held for months
IC_BALANCED(optimized IC_Markets) = 65%+ win rate, optimized for ICMarkets H1 EURUSD
Close trades only when you are profitable lie Experimental feature, don’t turn it on, keep it false for now
Buy position allowed truth Allows initiation of new long-term transactions
Sell ​​positions allowed truth Allows initiation of new short-term transactions
trading date truth Select a specific trading date (we recommend keeping them all real)

Because robots are still evolving and more options and configuration options will become available in the future, I will expand this blog post occasionally.

If you have any questions please feel free to message me directly here at mql5. Or join our public channel to discuss this EA: https://www.mql5.com/en/channels/puremathea

Please note that no EA on the market is risk-free. All trading activities involve certain risks, so do not use capital that you cannot afford to lose. We are not responsible for your account! Please keep in mind that past results do not guarantee future results.

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