DislikedHi All,
Starting this tread to discuss the SWB EA as written by Totom Sukopratmo at the request of a few members so as not to clutter up another great thread by NanningBob.
Basically this is a martingale EA. It enters trades on the 5 minute eur usd timeframe using Bollinger bands, stoch and rsi to determine entry. It is set to go 10 levels deep at 0.1 lots at 25 pips per lot. This could result in a draw down of over 5K. However it is rare for the euro to move 215 pips without some small retraces of between 10 and 25 pips and this is where the...Ignored
I still believe on this one, I guess for the ones thar are too skeptic you should use this EA on EURGBP, I am testing now on theis pair and seems to be a great potential.
I am waiting for tips on this subject.