Trading system based on price action

This indicator is the MT4 version based on the MT5 indicator of JES-USDJPY which is used and optimized for USDJPY currency pair. Other currency pairs have similarly optimized software for each currency pair, since they all behave differently even though some pairs share a bit of correlation.

Extensive tests, settings, and videos are available on the MT5 version thread https://www.forexfactory.com/thread/...4#post14938234.
No MT4 version of JesVersal EA for now.


Forex profit test from 01/01/2024 - July 2024
pair: Usdjpy
Timeframe: M5
MT5: Strategy tester
Initial/Start Balance: $10,000
2% of Balance - dynamic lot sizing
SL 400
TP 3000
Trail 160
Step 170

Enabled the JesLyn boolean (70)
peak Balance: $36k
Final Balance: $31k plus
Net profit: $21k plus

Disabled the JesLyn boolean
peak Balance: $30k
Final Balance: $20k plus
Net profit: $10k plus

Forex profit test from 01/01/2024 - July 2024
Pair: GBPJPY
Timeframe: M5
MT5: Strategy tester
Initial/Start Balance: $10,000
2% of Balance - dynamic lot sizing
SL : Undisclosed
TP : Undisclosed
Trail : Undisclosed
Step : Undisclosed

peak Balance: $109k
Final Balance: $93k plus
Net profit: $83k plus
The backtest results, graph, drawdown etc is at the end of the video provided above.

This is just a proof of concept for the JesVersal EA's effectiveness on GBPJPY. My highest score so far. As promised to the folks at forexfactory.
settings(for JesVersal) or indicator won't be made public unfortunately.
Note: This isn't the JES-USDJPY indicator.

JPY pairs today great water-fall. JesVersal and h. Volatility . 3am-5am GMT

JesVersal EA even better now

I have just posted a new powerful indicator based on price action on this channel:
Telegram channel: https://t.me/jesversal_telos_gradale_krat_us
Go check it out

I have Just posted instructions on how to trade the WaterfallV2 indicator posted on the channel few hours ago for free, go check it out.

Telegram channel: https://t.me/jesversal_telos_gradale_krat_us

Go check it out

I have just posted an update on the telegram channel: https://t.me/jesversal_telos_gradale_krat_us
Waterfall will be renewed.
Plus test a new indicator to be posted later.

It's been a while free Indicator posted here: https://www.averytin.com/forum/posts...c-a8a3afb7622b

Adaptive MSRP — See Where Price Truly Reacts
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https://averytin.com/forum/posts/b4f...3-83f04c0b98a2

Can you please show any past trades of yours or a screen record showing your trades for the past two months or so