Hi All
I feel it is time for me to contribute something that I feel is quite significant back to the forex trading community. I'm a passionate programmer and love forex but am not in love with technical indicators so have been searching for a simple statistical pattern that is profitable on EURUSD without all mumbo jumbo that seems to follow EA's.
Well, here it is....... The TrevA.EURUSD.EA.V1.
What is the system?
It is crazy in it's simplicity. Sell EURUSD in the morning and buy EURUSD in the afternoon. Oh, a little MA thrown in too but that's just to trade with the trend.
The pattern holds up and has worked for the last two years but past performance is no indication of future performance so use this EA at your own risk.
A discussion on this bias is in the Forex Discussion forum. Go here to learn about the pattern and why this EA works.
This is my first EA so forgive the sloppy programming. Also, it has not been tested live but the back tested equity curve looks promising over the last two years and excellent since Sep 1 2007.
Currency: EURUSD (No Other)
Timeframe: Any Timeframe
Timezone: Not sure... perhaps somebody can help here as I'm testing with InterbankFX and your MT broker could have a different server time.
Broker: InterbankFX
Attached is EA equity curve since September 1st 2007, EA for MT4 and .set file for your consideration and testing.
If you make any code changes, please submit them to me and I'll include them in the next release of the EA giving you the credit in the code.
I look forward to your comments, suggestions and improvements.
One more thing, if you do download and use the EA, please contribute your thoughts to this fantastic forum.
Regards
TrevA
I feel it is time for me to contribute something that I feel is quite significant back to the forex trading community. I'm a passionate programmer and love forex but am not in love with technical indicators so have been searching for a simple statistical pattern that is profitable on EURUSD without all mumbo jumbo that seems to follow EA's.
Well, here it is....... The TrevA.EURUSD.EA.V1.
What is the system?
It is crazy in it's simplicity. Sell EURUSD in the morning and buy EURUSD in the afternoon. Oh, a little MA thrown in too but that's just to trade with the trend.
The pattern holds up and has worked for the last two years but past performance is no indication of future performance so use this EA at your own risk.
A discussion on this bias is in the Forex Discussion forum. Go here to learn about the pattern and why this EA works.
This is my first EA so forgive the sloppy programming. Also, it has not been tested live but the back tested equity curve looks promising over the last two years and excellent since Sep 1 2007.
Currency: EURUSD (No Other)
Timeframe: Any Timeframe
Timezone: Not sure... perhaps somebody can help here as I'm testing with InterbankFX and your MT broker could have a different server time.
Broker: InterbankFX
Attached is EA equity curve since September 1st 2007, EA for MT4 and .set file for your consideration and testing.
If you make any code changes, please submit them to me and I'll include them in the next release of the EA giving you the credit in the code.
I look forward to your comments, suggestions and improvements.
One more thing, if you do download and use the EA, please contribute your thoughts to this fantastic forum.
Regards
TrevA
Attached File(s)