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A highly profitable Ea!


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i couldnt even get the thing to backtest. ill have to look at the code. probably not 5 digit compatable.

 

i will say however, that with such small TPs and break evens, MT4 quality data testing will be totally bogus.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

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Hey Norm it back-tests OK with Go-Markets 90%. It really does seem profitable according to testing. I wonder how it'd go on a real account? Tested from 1st June 2008 until 25th feb 2011 and it didn't blow the account :-O Nice share.

 

cheers for the headsup. i used the one above and it works. the issue was that the quotes are in decmil pips, ie 10 times smaller then quoted. ie 3=0.3. so the max spread value had it not running.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

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I haven't lost anything because after a couple days on demo it hasn't placed any trades. I might have closed and re-opened the platform a few times but that should be fine I think.

 

It trades far less and loses when tested on true tick data. MT4 interpolation seems to effect this EA greatly and its results are not true on mt4 backtests.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

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