Yes, technically it doesnt matter because the indicator is already viewing predefined timeframes, but just for better visualization i think M1,M5 or M15 are the best. I`m open for suggestions, it seems that i underestimated your EA, but lets wait a ...

Statistical Gambling System (High Winrate, but NO EDGE)

I thought thats obvious, but i guess its not.Its not wise to trade when the daily stuff is above or below the monthly high/low. So we only trade when the daily mid is between MONTHLY & DAILY HIGH/LOW, and of course the price just crossed the DAILY ...

Statistical Gambling System (High Winrate, but NO EDGE)

The last one is unprofitable because it hasnt got time to reverse, so i didnt included that one in the backtest, but definitely it didnt got a margin call, so it was proof of 1 year without a margin call. Yes the swaps could f*ck us up, i havent ...

Statistical Gambling System (High Winrate, but NO EDGE)

STATISTICAL GAMBLING EA V1.5 (Based mostly on the V1.5 of the system, but modified a little bit) Features: Configurable TP (35 pipette default as the system rules of v1.5 ) Configurable maximum slippage & spread (20 pipette spread & 10 pipette ...

Statistical Gambling System (High Winrate, but NO EDGE)

You have a point there, but i`m not backtesting in the conventional way, i`m more like data mining, finding when the market is good for a trading purpose, relative to a time period.So i`ll have a better understanding about the flow of price and when ...

Statistical Gambling System (High Winrate, but NO EDGE)

Its not about time, demo accounts or anything, i have 3 PC's and i run them all, and need all of their computational power to backtest my theories.I dont have an extra VPS to run an EA 24/7. Its very time and resource consuming to run my backtests, ...

Statistical Gambling System (High Winrate, but NO EDGE)

Welcome back Magix Nope i consciously didnt traded for a week, i`m too busy now with another project, that is why i asked that anyone else can test it for me, the EA no matter what will have atleast 4-5 trades/day if its ran 24/7 , i will put the EA ...

Statistical Gambling System (High Winrate, but NO EDGE)

Its easy, you can get that from the indicator, but for simplicity here is the formula: HIGH = previous day's high LOW = previous day's low CLOSE =previous day's close pivot = (HIGH + LOW + CLOSE) / 3; DAILYMAXHIGH= (2 * pivot) - LOW; DAILYMAXLOW = ...

Statistical Gambling System (High Winrate, but NO EDGE)

This system avoids volatility events, because we only scalp the small deviations from the daily MID price.Sure a breakout from the mid price can be helpful, but look the other way if it goes against us, usually the price tends to jump to that new ...

Statistical Gambling System (High Winrate, but NO EDGE)

Thanks for the idea, i`ve never heard of that method, but i`ll look into it.At the moment i`m trying to analyze the cycles of the market, even though we try to build a mathematical model of the market, we still cant ignore the human aspect of it. It ...

Statistical Gambling System (High Winrate, but NO EDGE)

Wow Magix WTF is this? image Looks like your EA is not doing well, i have to remove it from this thread since its ruining my system's reputation. Besides my new 1.5 system will probably be better than the current forward test , that i`m doing. Why ...

Statistical Gambling System (High Winrate, but NO EDGE)

Thanks, its not the best yet, but its still considerably better than the previous versions where we didnt take into consideration the daily low-highs. I`m still tweaking the system, and at the moment i`m backtesting it.

Statistical Gambling System (High Winrate, but NO EDGE)

So for example,according to V1.5 rules, today our last trade should have been at 7:07 GMT+0, because the price was above the DAILY_MID before that, but it just pierced trough and went down at 7:07 so according to the 1.5 rules, we should have ...

Statistical Gambling System (High Winrate, but NO EDGE)

Here is a little more explanation for those who are a little bit confused. image You can clearly see that today the EUR/USD on was only tradeable between 0:00 gmt+0 and 7:00 gmt+0, because only then the price was between the DAILY_MEDIUM_HIGH and ...

Statistical Gambling System (High Winrate, but NO EDGE)

New version of the system, i improved it in the last 2 weeks using your ideas and suggestions guys, now its way better and we wont make the same mistakes twice UPDATE: VERSION 1.5 (NEVER MAKE THE SAME MISTAKES TWICE) We will use now my custom ...

Statistical Gambling System (High Winrate, but NO EDGE)

Demo accounts usually dont lagg much, its the big lagg on real accounts and the requotes that could mess up the strategy.It could be a more serious issue maybe with your code.Even if you use the code for years, that doesnt mean there was not a ...

Statistical Gambling System (High Winrate, but NO EDGE)

Oh, then its a different issue.I thought it was a common error that newbie EA programmers do, which is that they dont put a filter to not place 2 identical orders at the same bar/time. If it was a broker issue, you should contact your broker and ask ...

Statistical Gambling System (High Winrate, but NO EDGE)

Use a time filter, to not enter twice in a position at the same bar.It is very annoying and its 2x risk, of course the reward is also twice, but its better to diversify than just risk 2x more on the same trade, its not rational.

Statistical Gambling System (High Winrate, but NO EDGE)

Done, lets see now how well it will go.

Statistical Gambling System (High Winrate, but NO EDGE)

Nice magix, which one of your EA is this so i can link it in to this thread ?

Statistical Gambling System (High Winrate, but NO EDGE)