Forex Blog

After reading the May issue of the Currency Trader magazine, I have decided to extend the concept of spike trading that they had presented there. As a result, you can now try out a new expert advisor optimized for USD/CAD daily charts that can gain considerable amounts of profit with rather low drawdown according to its backtest. You can download the full backtest report for more than 11 years and analyze it for a greater level of details.

Although it is heavily optimized (but I believe not overoptimized) for USD/CAD, there are three input parameters available for re-optimization. This expert advisor is available for both MT4 and MT5. It is also safe to use with the ECN brokers. You can read more information about it and download the .mq4 and .mq5 source files:

• Spike Trader Expert Advisor

If you have any questions or some interesting thoughts regarding Spike Trader expert advisor, please feel free to reply using the form below.