Gap and Trail Light – simple version of the robot for trading on gaps

Professional trading on a real account. The effect of closing the price gap (gap) is used. Trailing stop of open positions reduces risk. Minimum deposit of $ 10.

Strategy – a gap in price (gap) that occurs after weekends or holidays, usually closes, and with this you can make a profit

This version of the robot is light, it is offered as a demo to the full version of Gap and Trail.

Limitations of the light version: there is no money management, trading is performed with a minimum lot for any deposit, spread analysis is not available, messages about the performance of each position opening criterion are not displayed in the log.

Features of the trading strategy

After weekends or holidays, gaps often appear on the market (gaps in price charts). According to statistics, most gaps closes (the price returns to the beginning of the gap). The trading strategy implemented by this robot is based on this regularity. At the time of the gap, the robot opens the position in the direction of the gap closure. For each transaction, individual goals are calculated depending on the characteristics of the market. Open positions are accompanied by a robot. In the process of price movement, a trailing stop is performed. It is performed on the extremes of the formed candles, which significantly reduces trade risks.

The robot has all the protections that allow it to work successfully in adverse conditions on a real account.

On major currency pairs, gaps occur relatively rarely, usually after weekends or holidays. Therefore, the robot opens transactions infrequently (2-4 per month). However, transactions are very accurate, most of them are closed by take profit. In the full version, transactions are opened with an increased volume, ensuring a given high trading efficiency.

Results

Testing was conducted on the quotes of the Standard’s real account of the Alpari broker and showed the stability of the robot’s operation over long periods (3-5 years). When testing the full version for the period 2017 – 2018 with a starting deposit of $ 100, the following results were obtained (rounded): on EURUSD $ 30000; on GBPJPY $ 360000 and on GBPUSD $ 138000. The results of the light version are much more modest, but they allow you to understand the logic of the robot. The results in comparison of the light version and the full version are shown in the screenshots.

Options

  • Magic number – magic number for orders;
  • Language – robot message language (Eng / Rus);
  • Trading days – allowed trading days (Only monday / All days);
  • Size of the gap – the minimum size of the gap, which is allowed to open trades, points;
  • Coefficient of the take profit – gap share used for profit (0.2-1.0);
  • Stop loss – initial stop loss, points.

Recommendations for use

The robot can be used to trade on any accounts. But it is preferable to use accounts with 5-digit quotes, low spread and high speed. Account leverage is preferably at least 1: 500.

Good results are obtained if the broker provides a fixed spread of no more than 10-30 points.

Optimization over time is usually not needed. However, when switching to other brokers, especially with an increase in the spread, optimization may be necessary.

The existing set files will be posted on the Comments page.

If you have questions, write me a private message. I am pleased to help on any issue.

In case of problems with setting up my robots, always ready to help with TeamViewer.





Download demo version. It only works in the strategy tester.

Buy a robot   $30


Set-files of optimal parameters of the Gap and Trail robot

Date of optimization: 2018.12.01
Broker: Alpari
Account type: Standard (real account)
Timeframe: H1
EURUSD 2018_12_01 Light.set    (spread not more than 20)
GBPJPY 2018_12_01 Light.set   (spread not more than 50)
GBPUSD 2018_12_01 Light.set   (spread not more than 30)

Date of optimization: 2019.02.24
Broker: Alpari
Account type: Standard (real account)
Timeframe: H1
EURUSD 2019_02_24 Light.set    (spread not more than 20)
GBPJPY 2019_02_24 Light.set   (spread not more than 50)
GBPUSD 2019_02_24 Light.set   (spread not more than 30)

Date of optimization: 2019.04.15
Broker: Alpari
Account type: Standard (real account)
Timeframe: H1
EURUSD 2019_04_15 Light.set    (spread not more than 20)
GBPJPY 2019_04_15 Light.set   (spread not more than 50)
GBPUSD 2019_04_15 Light.set   (spread not more than 30)

Date of optimization: 2019.06.22
Broker: Alpari
Optimization was performed using MetaTrader5
Account type: Standard (real account). Account analogy Standard.mt4
Timeframe: H1
EURUSD 2019_06_22 Light.set    (use with a spread of not more than 50 points)
GBPJPY 2019_06_22 Light.set     (use with a spread of not more than 70 points)
GBPUSD 2019_06_22 Light.set     (use with a spread of not more than 70 points)
AUDUSD 2019_06_22 Light.set     (use with a spread of not more than 30 points)

Date of optimization: 2019.09.08

New set-files for the robot Gap and Trail 2.6:
Received on real quotes of Alpari broker with 100% quality. Account type: Standard.
Optimized on the history of 2018.01.01 – 2019.09.08.
Best trading results on GBPUSD.
Light MT4 Alpari AUDUSD 2019_09_08.set
Light MT4 Alpari EURUSD 2019_09_08.set
Light MT4 Alpari GBPUSD 2019_09_08.set
Light MT4 Alpari USDCAD 2019_09_08.set

New set-files for the robot Gap and Trail 2.6:
Received on real quotes broker IC Markets with the quality of 100%. Account type: Raw Spread.
Optimized on the history of 2018.01.01 – 2019.09.08. Spread limit applies.
Best trading results on GBPUSD.
Light MT4 ICMarkets AUDUSD 2019_09_08.set
Light MT4 ICMarkets EURUSD 2019_09_08.set
Light MT4 ICMarkets GBPUSD 2019_09_08.set
Light MT4 ICMarkets USDCAD 2019_09_08.set