We will see together in depth study of trading using Investment Castle EA on EURUSD between the news option is inactive and active.
Timeframe of the chart is 5M. The despoit is 1,000 USD and the start lot size is 0.10.
The net profit is 117,000 USD in almost 13 months. The Absolute Drawdown is 161 USD only! But the issue here was on 18 August 2020 during some critical news resulted in a large Drawdown of 35,664 USD that can be eliminated by switching off the EA before. Otherwise, set the EA to switch off by its own and the results would be as follows:
The net profit is 78,900 USD in almost 13 months. The Absolute Drawdown is 177 USD only. The Drawdown was dramatically reduced to 17,602 USD on the same day.
To find out how to set the EA to switch off automatically, read this:
Possibilities with Investment Castle EA are just endless:
Both set files are available here: