Default alternative safe for 1:30
Since in Europe you're only allowed a leverage of up to 1:30 for standard accounts, I had to make multiple sets to fit this low leverage.
The pre-2.37 default set was good for the most part, but it had some issues for 1:30 like high drawdown and even a crash on august 2020, so I modified some inputs to make it a bit safer, and it survives 2021, 2020 and 2019 with no problem.
I've tested this in a standard IC Markets account in 1:25 since it won't let me test in 1:30, that's why it has a margin level of 81.13%, but at 1:30 it will stay over 100%.
The profit isn't insane but I feel like this is the best a martingale can do with this leverage.
CP_EURUSD_Default_leverage_1-30.set
MT version:
Set for MT5 only
EA version:
2.35 ~ 2.37
Symbol:
EURUSD
TimeFrame:
M5
Pending entry disabled, MnProfitToClose set to 2, MaxTrades for martingale set to 5, Step is changed to 25 with 1.1 increase coefficient.
I've got the same results with 1:25 leverage:
You can also set "Min margin level %" = 100 to avoid messages "not enough money to open min lot". It will not affect trading results.
Thank you!