YPY EA Classic Basic is an innovative FREE trading robot, performing automatic trading with real Take Profit and Stop Loss levels.
This expert advisor showed stable trading results during testing (99% modelling quality) for all supported instruments on the entire period of tick history (over 11 years).
Opening an order, trading system always sets Stop Loss, which doesn`t exceed the size of Take Profit.
This current Basic version of the YPY EA Classic trading robot works only on EURUSD (М15).
Portfolio combined trade YPY EA (Classic + Tekvilidy) Basic EURUSD fixlot
Trading is fully automated.
Optimization is not required.
High operability, no needless setting.
Protective real StopLoss and TakeProfit levels
Additional protections against abnormal movements of the market price
Description of the Main Expert Advisor Settings
TradeMode = Trade/Pausetrade/Stoptrade
Trade – trading mode
Pausetrade – when this mode is enabled, the trading complex continues maintaining existing orders without looking for new entry points in order to progressively complete the trading on the account.
Stoptrade – when this mode is enabled, the trading complex immediately completes the trading by closing all of its orders.
The AutoMM system supports the following account currencies:
If quotes for the user's account currency are not available in the terminal, the currency is considered unknown and the AutoMM system will use a fixed rate 1USD=100 account currency units.
Lot – the lot size for trading (maximum value is 10)
MinLeverage – the minimum leverage value required for opening new orders.
MinMarginLevel – the minimum account margin level in percents required for opening new orders.
Slippage – maximum allowed slippage when an order is opened.
MaxDrawdown – the maximum total equity drawdown of all EA orders in the deposit currency. When this drawdown is reached, all orders of the EA on all instruments are closed (trading will be automatically started again on the next trading day)
The user tests, determines the risks for every new version of the EA by himself. It is recommended to get acquainted with the expert operation in the strategy tester of the terminal and on a demo account.
The expert must be attached separately to every chart of the traded instrument.
The product does not comply with FIFO.
Requirements for the trading conditions:
Any broker and any account type (recommended: DMA, ECN, STP, NDD)
Recommended leverage is 1:100 or higher
Recommended deposit is $1000 and above (cents for cent accounts).
If you prefer a calm trading or if you are not familiar with the product, we recommend using AutoMM=Minimum
The YPY EA Classic and the YPY EA Tekvilidy trading robots are different, they have similar conditions of market entry, but have different orders opening and orders maintenance systems. In order to see the difference between these EAs it is enough to compare their reports in the terminal's strategy tester.
Mandatory FOREX Disclaimers:
Fore trading is speculative, involves substantial risk and is not suitable for all investors. consider the suitability of Forex/Futures trading before making any investment decision. Past performance is not necessarily indicative of future results. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be fully aware of all the risks associated with foreign exchange trading.