SFE KISS EA

[Attractor]

SFE KISS
Momentum trader



Backtest and setup video:
https://youtu.be/B5v7hF8LU3I
and look for the attached documents

Official live account:
https://www.mql5.com/en/signals/869509

Account broker: ICMarkets (EU) 1:30
https://smartforexexpert.com/index.php?topic=13.0

FxBlue: https://www.fxblue.com/users/atractor6
Myfxbook: https://www.myfxbook.com/members/atractor/sfe-kiss/7417085

Marketplace MT4: https://www.mql5.com/en/market/product/25527
Marketplace MT5: https://www.mql5.com/en/market/product/47377


Current version 5.1 (November 2020)

Recommended risk setting mode:

• Percentage risk/trade = 2.0

Description

KISS is an acronym for "Keep it simple, stupid" as a design principle that most systems work best if they are kept simple rather than made complicated.

This expert is the result of simplifying at maximum level the algorithms of the others SFE 'price action' based experts.

The use of the expert is very simple, and needs very low computer resources.

One of the differences between this EA and other SFE EAs of the same kind, is that the hours to open the trades for each symbol aren't internally set. Instead of this, the EA has a special function to find this hours based on the past price movements. For this reason you can try any Forex symbol with this EA because inside the code there is not any difference between different symbols.

The EA uses 2 kind of systems, one in the direction of the first impulse (break trade) and the other waiting for failure and a strong reversal (reversal trader).

By default reversal trades are taken at the same size or risk of the break trade, but if we want to give a different weight to to the reversal trades, we can use the parameter 'Size multiplier applied to the 'reversal' system'.


Live setup

The EA is very easy to setup, and can be used with the default parameters. Only parameters related with the GMT of the broker and the size of the orders must be checked.

The EA must be attached to ONLY one M5 chart. Use an EURUSD chart is recommended.

If the names of the symbols aren't the common in your broker platform, update the names in the Symbol List parameter.

The EA is very lightweight in resources demand, and can be used with other EAs.

Backtest

The EA must be backtested on the M5 timeframe. All the symbols used can be backtested together in mt5 using the 'Test Full List' parameter

[Attractor]

The Last backtest can be found here:

https://c.mql5.com/31/305/SFE_Kiss_R210.zip

[Attractor]

June performance of the SFE family:



As we can see for the number of trades, the EA is very deactivated last weeks cause the very low volatility, and when one of the few movements happens, there is a lack of strenght and is difficult to make profits.

Let's see if more strong movements comes to the market, this must happens soon or later.... then the EA can recover and make profit.

[Attractor]

Hello,

The new version of KISS 3.0 is published.

Both KISS and F&F have a lot of difficulties last months for make profits, because the strong movements fails 95% of the time, and these two EAs don't have the 'counter trade' like PA and ATTR, for this reason have this bad performance.

But they are very powerful as soon the big movements comes again. Then, in this version, I tried to lower the potential losers at the minimal, to pass this time of bad market behaviour without loses and the EA can be in the porfolio waiting for his moments.

Backtest KISS 3.0 https://c.mql5.com/31/374/SFE_KISS_3.0_0.05_lots.zip

[Attractor]

The version 4.0 of SFE KISS has been published!

This is is a big advance in relation to past versions.

The core algorithms of SFE KISS has been translated to the new mt4-mt5 SFE Framework, and has been reviewed and improved.

The current version 4.0 works well now with more symbols and timframes, more trades at final, more diversification and sustained growth.

Also the last advances in the size of the trades and the control of the volatility has been added to the EA.

With all this, right now the EA shows the capacity to make good profits in different levels of price action strenght, as we can see in the backtest.

Find the bactkest and the setup info in the first message.

[Attractor]

Version 4.1 published.

Is the same of 4.0, but I fixed a minor issue of the version 4.0 and added this parameter:

By default reversal trades are taken at the same size or risk of the break trade, but if we want to give a different weight to to the reversal trades, we can use the parameter 'Size multiplier applied to the 'reversal' system'.

[Attractor]

Ah, and also has been launched for metatrader 5.