It’s been rather quiet week for my newly published Expert Advisor but hopefully next week will be busier. When developing Karla One I was focused on quality over quantity. I’d preferred less trades of better quality rather than a bunch of them with let’s say 60% win rate. This product is a result of years of coding and trading experience. My goal was to built a system without the necessity of regular updates (unless I am specifically asked for them like i.e. add news filter).
Karla One uses machine learning to find the right entry points but at the same time before placing a trade, there are 7 conditions that have to be met. It relies on Price Action which seems to be one of the very few successful trading methods in this volatile market. To get the results I was aiming for, I used several symbols: AUDCAD, GBPJPY, USDCHF, AUDJPY, USDCAD, CADCHF, NZDUSD. It does not use any risky strategies like grid or martingale.
Because this year has been extremely difficult for traders, I’ve adapted the EA to current market conditions but also if, one day, we will see the market stabilize, Karla One will adapt on its own as well. It is as if you learnt how to swim in the ocean so later it would be very easy to do that in the pool. At the same time various back tests show that DD should be around 5-6% max regardless of market conditions.
Karla One is available here: https://www.mql5.com/en/market/product/88067