DislikedAn EA for backtesting the 5m scalp system. It does not seem to do well. Needs parameter tweeking and filters.
Note! It requires that PwR.ex4 is installed. Get it from the first post:
xM5-Scalper v0.90 EA
Input parameters
RunTime.Settings
[list][*][font=Tahoma]RunTime.Enable="08:00";...Ignored
I like how you exposed your account size there
However, I did something similar once but I have always looked at the daily manually and deciding if we were going up or down and made the EA go only in that direction... like next week only shorts in EU until the daily swaps...
It seems like it goes long even when its obviously a down trend also (within the 5M system itself).
But as you said, it needs some filters. Maybe the only long or short trade filter is what you should have, always good to leave some decisions for yur brain as it is the best indicator you will ever have, if you let it work for some time that is...
Lars,
xoxo