Description
<h3>Introduction</h3>
<p>Nadaraya Watson EA V1.0 MT5 is an automated trading system built for the MetaTrader 5 platform, based on the Nadaraya-Watson kernel regression model. This statistical smoothing technique is used to estimate dynamic price trends and identify potential reversal zones. The EA is designed to detect overbought and oversold conditions around smoothed price envelopes and execute trades automatically with structured risk management.</p>
<h3>Key Features</h3>
<ul>
<li>Fully automated trading system</li>
<li>Based on Nadaraya-Watson kernel regression logic</li>
<li>Dynamic price smoothing and envelope detection</li>
<li>Reversal-based entry signals</li>
<li>Automatic stop-loss and take-profit placement</li>
<li>Adjustable lot sizing (fixed or percentage-based)</li>
<li>Spread filtering mechanism</li>
<li>Equity and drawdown protection options</li>
<li>Multi-pair compatibility</li>
<li>VPS-ready for stable 24/5 operation</li>
</ul>
<h3>Recommended Settings</h3>
<p>Optimal settings depend on account size and broker conditions, but general guidelines include:</p>
<ul>
<li>Timeframe: M15 or H1</li>
<li>Preferred Pairs: Major pairs with stable volatility</li>
<li>Risk Per Trade: 1%–2% of account balance</li>
<li>Lot Mode: Auto lot based on risk percentage</li>
<li>Envelope Sensitivity: Default settings unless optimized</li>
<li>Max Spread: Use low-spread ECN broker</li>
<li>VPS: Recommended for continuous execution</li>
</ul>
<p>Always test on a demo account before trading live.</p>
<h3>Backtest Result</h3>
<p>Backtesting may typically show:</p>
<ul>
<li>Better performance in ranging or mean-reverting markets</li>
<li>Moderate drawdown under conservative risk settings</li>
<li>Reduced efficiency during strong trending conditions</li>
<li>Sensitivity to volatility spikes and spread</li>
</ul>
<p>Actual live performance depends on market structure and broker execution quality.</p>
<h3>Advantages</h3>
<ul>
<li>Uses advanced statistical smoothing logic</li>
<li>Effective in ranging market conditions</li>
<li>Fully automated execution</li>
<li>Structured risk management</li>
<li>Adjustable parameters for optimization</li>
<li>Compatible with MT5’s advanced engine</li>
<li>Reduces emotional trading decisions</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>May struggle during strong trending markets</li>
<li>Drawdowns possible if trend persists</li>
<li>Sensitive to parameter configuration</li>
<li>Requires monitoring despite automation</li>
<li>VPS hosting may add additional cost</li>
<li>No guaranteed profitability</li>
</ul>
<h3>Installation & Setup Guide</h3>
<ol>
<li>
<p>Download the Nadaraya Watson EA V1.0 file (.ex5 or .mq5).</p>
</li>
<li>
<p>Open MetaTrader 5.</p>
</li>
<li>
<p>Click File → Open Data Folder.</p>
</li>
<li>
<p>Open the MQL5 folder and then the Experts folder.</p>
</li>
<li>
<p>Paste the EA file into the Experts folder.</p>
</li>
<li>
<p>Restart MT5.</p>
</li>
<li>
<p>Enable Algo Trading from the toolbar.</p>
</li>
<li>
<p>Open your preferred currency pair and select the recommended timeframe.</p>
</li>
<li>
<p>Drag the EA from the Navigator panel onto the chart.</p>
</li>
<li>
<p>Adjust input settings according to your risk preference and click OK.</p>
</li>
</ol>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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