Indicator-free EA

[lirimo]

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

[iwjw]

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

[lirimo]

Hi IWJW,

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

Best,

Lirim

[iwjw]

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

[lirimo]

great, thanks for clarification!