G-Logic

G-Logic Mean Reversion Strategy Features

The G-Logic EA offers the following features:

Fully FIFO compliant.
Utilizes a uni-directional level system (does not hedge; no simultaneous buy and sell orders).
Timeframe-independent.
Compatible with all currency pairs.

How it Works:

This EA employs a straightforward mean-reversion strategy based on historical high and low price levels.
The user defines the initial position size as a percentage of account equity. From there, the system scales into the position against the prevailing trend.
When the market corrects or reverts, the EA automatically calculates the appropriate take-profit level and closes all positions in profit, following FIFO rules.

Pairs to Trade (and Pairs to Avoid):

Focus on currency pairs that are not currently at or near recent historical highs or lows.
Refer to the monthly charts and verify whether the historical highs and lows occurred in the past (see the screenshots below for examples).
If the historical high (e.g., 2009) and low (e.g., 2018) are well in the past, and the current price is trading within those levels, the EA is likely to perform profitably.
Start with 10–20 "Max Open Trades" to evaluate performance. This setting also determines the number of levels the EA will use to divide the chart.
Avoid using too many levels (e.g., 100, 200, 500). If the level distance becomes smaller than the spread during illiquid periods, the strategy may fail, as the spread and/or broker commissions could exceed your profits.