It is BE after 5 months. It needs adjustments. Have you tried to play with inputs and run it on a simulator?
EURUSD Session Breakout and Reverse Strategy 50 replies
Universal Powerful System 4 replies
reverse versus breakout 1 reply
DislikedIt is BE after 5 months. It needs adjustments. Have you tried to play with inputs and run it on a simulator?Ignored
DislikedLet me simplify..
The engine of this EA is the candle analysis based on past data. I do not have the recent past data, so I can not play with this unless someone helps me and finish the attached script. Candle analysis itself must result in either profitable trading or something close to it. It means TP at the distance measured from the BO candle, sizing the BO candle itself.
Second, profit analysis must help to improve or secure profit. This is to determine the candle size multipliers as TP levels for profit taking for each...Ignored
DislikedLet me simplify..
The engine of this EA is the candle analysis based on past data. I do not have the recent past data, so I can not play with this unless someone helps me and finish the attached script. Candle analysis itself must result in either profitable trading or something close to it. It means TP at the distance measured from the BO candle, sizing the BO candle itself.
Second, profit analysis must help to improve or secure profit. This is to determine the candle size multipliers as TP levels for profit taking for each...Ignored
DislikedI think the option is there in the EA but it is not possible to backtest trailing stop as TP. I would rather TP at daily pivots near the calculated TP levels. Anyway, the TP level is not stg i like, it is stg that works statistically, it has no other reason and lacks meaning as well. That is why you do not like it, i do not like it either.Ignored
DislikedI think the option is there in the EA but it is not possible to backtest trailing stop as TP. I would rather TP at daily pivots near the calculated TP levels. Anyway, the TP level is not stg i like, it is stg that works statistically, it has no other reason and lacks meaning as well. That is why you do not like it, i do not like it either. But it works!Ignored
DislikedAND... could you make 10 usual charts with the system? and how they played out?
there will be your proof or notIgnored
DislikedHello Traders,
There is still no refutation to this strategy, so do not give up giving it a try.
Also, again I would like to draw attention to the fact that it is not the result of the current EA that counts. The EA can be backtested but it is outdated, I just share it to show that the EA is virtually ready, what is most needed is a slight modification to the attached script, plus few things that do make sense.
Tell me, is this strategy too complex to you guys? Is not a strategy promising when nobody refutes it?
A.Ignored
DislikedThe results of EA for EURUSD, GBPUSD, USDCHF are negative. In real-time demo account. I will analyze the nature of the system. Probably will end testing.Ignored
DislikedHi,
Due to the nature of this strategy and EA of course you will get negative results for GBPUSD and USDCHF. Also, do not expect that much on EURUSD yet. It is important to understand how the strategy works before expecting positive results from it. The manual explains this all.
A.Ignored