I have been working on a strategy / EA for some time now (i am not doing the programing).
Basically the strategy uses the mentioned RAPTOR Explosion indicator (not created by me) for entry and ATR for target. (ATR divided by 2 to be more precise). When a signal arrow pops up we execute an order (the profit level is invisible)
Stops are on solid level (meaning they are set at one level for all trades for example 20 pips or 500 pips...).
I have back tested the EA and optimized it for a period of 1 year 2013 August to 2014 August, because it seems like this period is more relevant with its' changes then the previous years (before 2013).
Optimizing and back testing show that it works best with GOLD (only CFD i have access to). I will attach the EA, the indicator and some reports so you could see the results of my "research". As for currencies from what i see it is best at lower time frames compared to GOLD where it is most profitable in the H4 TF.
Despite the Total net profit
USD from 5 000 USD account i still feel like something is missing and i'd like to improve the system (targets, filters and so on).
The are probably about 0 people here that are with my broker so feel free to download and test the thingy for yourselves.
Of course i am open to ideas and suggestions on how to change the EA and make it better (as described above).
Have a nice one all,
P.S. The email named file is the EA, the other ones are the indicator used with it.