This is the first public test of Arkuda EA on a demo account.
Test started with Arkuda EA v0.94 and a medium level of risk (0.5 lots).
Arkuda EA trades multiple currency pairs (12 by default) in 4 different timeframes (M1, M5, M15, H1) simultanously on one MT4 terminal.
Strategy: short-term trades in trend direction.
Trend analysis considers 8 timeframes (M1, M5, M15, H1, H4, D1, W1, MN1).
Indicators used to determine trend direction: HeikenAshi, MACD&OsMA, EMA, LRMA.
Indicators used to analyse trend condition: StochRSI (signal curve), ADX.
One of the key features of this EA is its powerful and sophisticated hedging system (compensation of unrealized losses through profitable trades made on any of the 12 different currency pairs). Arkuda's hedge strategy is very effective because the EA trades quite frequently with a very high percentage of profitable trades. It is a much more flexible way of handling losing trades than the simple use of SL, however, Arkuda EA optionally also offers the use of SL.
Arkuda EA offers customizable automatic and dynamic money and risk management plus a bunch of more cool and useful features.