ASCENT II EA – [Cost $1199] – For FREE

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Ascent II expert advisor designed and programmed by professionals at Cutting Edge Forex. The strategy is based around the fact that breakouts (whether caused by news reports, trendline breaks,...

ASCENT II EA – [Cost $1199] – For FREE

Ascent II expert advisor designed and programmed by professionals at Cutting Edge Forex. The strategy is based around the fact that breakouts (whether caused by news reports, trendline breaks, etc..) create trends. Ascent II captures these emerging trends adding to positions when conditions present themselves for maximum profitability.Uses dynamic self-adjusting Targets and StopsUses 2 strategiesTrades volatility breakouts on the 15min timeframe. Designed on EURUSDLong Term ProfitableCuts losses short letting profits runProgrammed by professionalsNo Grid or Martingale componentsDesigned, tested, and optimized using the highest quality data (Birt’s TDS)Trades on average a few times a weekRobust! Not only surviving but THRIVING, over 10 years and all market conditions (including the great financial crisis of 2008SettingsStatic Lot Size – If not using Advanced Money Management, this lot size will be usedAdvanced Money Management – Set true to enable percent based lot sizingRisk Setting – Risk setting to be used with percent based lotsTag 1 – Strategy 1 trade tag identifier.TP/SL ATR Bars – ATR bars to be used in calculating Targets and StopsTP Factor – Factor of ATR for TargetsSL Factor – Factor of ATR for StopsAcceleration – Number of BarsMass – Number of BarsQualifier – Volatility Cut Off Logic. Generally a range of 2.0 – 3.0 is bestMA 1 – Number of bars for MA 1MA 2 – Number of bars for MA 1Tag 2 – Strategy 2 trade tag identifierEnable Strategy 2 – Set true to enable strategy 2TP Factor 2 – Factor of ATR for TargetsSL Factor 2 – Factor of ATR for StopsS2 ATR Bars – ATR bars to be used in calculating Targets and StopsS2 Qualifier – Fading Volatility Cut Off LogicRSI Bars – Number of RSI BarsRSI Cut Off – RSI Cut Off amountUse Initial Balance – Set true to give Ascent II a specified balanceInitial Balance Amount – Amount to be used as initial balanceMax Spread – Maximum allowable spread when entering trades5 Digit Broker – Set true for 5 digit brokersMax Positions – Maximum number of open positions allowed at one timeShow Warnings – Set true to show warningsDisplay Color – Select a number 1 – 10 for display color optionsTransparent Display – Set true to see chart through displayMagic Number – Identifying serial number. Use a unique number for each instance of your EAsDefault settings are intended for operation on the EURUSD 15min chart. ALL VARIABLES are left exposed however, enabling you the trader to optimize and trade Ascent II on many instruments.Free DownloadMore EA’s form this EA Creator cuttingedgeforexShare Article: