Bigben Time EA is an automated trading system created and developed by a professional team. It is a high performance EA, trend following, non-martingale and non-scalping. Bigben Time EA is a highly effective EA for trades with USDJPY. It will find the correct entry point when London market is open. This is a non-martingale trading that allows EA traders to be comfortable that no Overtrade or Overlot occurs. Each order has a clearly Take Profit / Stoploss point and quite far from the entry point (Non-scalable). But this EA user must be mindful of long-term trading.
A brief description of the algorithm that will be used to trade with this EA:
This EA will calculate the probable point when the price breakout at that price, then there is the probability that the price will reach the Take Profit point. And when you open Order, the Stoploss will be set at the appropriate point immediately.
Each order has a clear TP and SL. And do not need to increase the lot to replace the loss order.
For each trade will happen with SL. It will lose money from the balance as the risk we have set. And we recommend that you should not set more than 2% strictly.
And the very few opportunities to loss all money due to the results of the Backtest said “There are 14 consecutive orders with the a maximum loss.” The result is a loss of 33% (case risk 2% per trade). So It may be lose 50+ consecutive orders to lose 100%.
This concept and method of EA will make the % win at 45 ~ 60% And if you win, you will earn more profit than losing about 1.1 - 1.2 times. (Also known as payoff, risk-reward) And the picture shows how much risk-reward will make the system profitable for 1% - 99% win.
- Work fast
We have optimized the algorithm to work as fast as possible. And use the least resources So you can choose cheap VPS to save the cost of trading. But do not forget that You should choose a reliable and stable provider.