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Posted

Seems that they are supplying the EA as well along with the PDF docs. The supplied docs are very sketchy as to the exact concept they use. Things like "if there is hesitation above this price line", etc. Would be nice to be able to backtest the EA if someone could share it.

 

Cheers

Posted
this is a useless ea...reduced my demo account by 20%...opened open and sell currency in the pair and it was 2 buy order and 1 sell order......don't buy it

 

Settings may be broker-dependent. I have 6 trades and one loss on demo. The loss would have been a winner within a few more candles. I'm running on AUSUSD and EURUSD for the moment and removed the SL to see how overall algo performs.

 

4 conditions must be met before it takes a trade. No trades on Monday, then started trading. The TPs were all 13 pips which, for my ECN broker, I'm considering dropping to 10 or 11 to ensure closes

 

I don't find it "useless" at all. Since it has *always* gone into profit on those two pairs, it may just be a matter of tweaking the .SET file to get optimum results. Free pips are free pips.

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