Indicator-free EA

Hi All,

I'm looking for EAs which work without any indicator and their logic is based on candles/bars, price action, or price open/close. If you have a name, a link or an EA please post here. Thank you so much!

Lirim

Hi All,

I'm looking for EAs which work without any indicator and their logic is based on candles/bars, price action, or price open/close. If you have a name, a link or an EA please post here. Thank you so much!

 

Lirim

WOC EA

http://indo-investasi.com/showthread.php/7601-Woc-ea

But I think most have given up their forward tests on this one

Hi IWJW,

thank you for the link. Does anyone understand the logic of WOC?

Best,

Lirim

Hi IWJW,

thank you for the link. Does anyone understand the logic of WOC?

Best,

Lirim

logic as follows:

The parameter "timeSpeed" defines the time span in seconds where "Speed" # of ticks in the same direction have to occur

With default setting you'll need 5 immediately consecutive up/down ticks within 3 seconds to have a valid entry

Lets say there are 5 upticks in a row within 3 seconds the EA would open a long position with SL=6 and start trailing after 6pip profit

So works best with 5digit brokers because you're getting more ticks/second