Can someone code this profitable system into an EA?

The results look pretty good.
This is a strategy with not a lot of trades, but the profit factor looks good.
I do not know if increasing r: r to 2: 1 something will help.
Only the longterm test can show the behavior of this strategy in the further period.
The manual play of this system is probably very hard.

Can anybody with the MT4 platform test this RSI-EA (DeltonPro V2.2) for the EURUSD underlying ? I have the MT5 platform only.

Sixer

i don't know how to get set file ,

testing your ea , doesn't open any trades , what settings your using ?

there are error message , i think this is the reason ea dose not trade

Don't worry, just copy the settings here like this:

i use those settings , does your result mach mine ?

Hi Nahyan. I've been doing H4 only for a while now. So I like where you're going with this. The testing you showed was H1 only. Is H4 part of the EA?

this ea uses h4 trend to trade on h1 , see my first post , but a daily h4 time frame ea will be much more accurate

klebenny can you put variable time frame , then we can use 30m 5m , h1 15m , daily h4

Results totally different:

i think you you need to change max trades , see if your parameter is like mine

another result of 11 month , but this is not klebenny's ea , its another moving average ea without mtf

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Thanks. Sounds good.

I'm quite interested in comparing my results with added RSI. Thanks for that.

Here's what I've found out, testing EurUsd, and UsdCad, using H4 only;
• Also trading MA's using 18 & 72, both SMMA's. They are equal to 36 & 144 EMA's. Didn't know that when I started.
• Instead of using an MA cross, I watch for price to cross either, provided both MA's are over or under.
• I wait for a 10 pip move beyond the price crossing, to enter.
• Stop is always 22-20 Maximum.
• There is no fixed profit level. I may use 200 or so, in the future, because price rarely goes much beyond that, at least on EU.
• Once price moves to +35, I move SL to -10.
• Once price moves to +45, I move SL to BE.
• I use a Trailing Stop of 75-80. Stop is based on touch of Closest MA, which is almost always 18(36ema), or price hitting TS.
• No re-entries. In other words, should price move far enough to still be able to make profit, after hitting TS, or MA, my thoughts are, the trend is weakening.

• Depending on which pair, the win rate is 33 to 44%.
• Each pair averages about 6 trades monthly.
• Entries during Red news are filtered.
• When in trades during Red news, I would take an early exit should price start to break in wrong direction, to above/below recent candle highs/lows.
• EurUsd, for 2016, had a terrible January. I also, did not filter out Red news, with the exception of NFP. Total for the year was +835ish.
• EurUsd, for 2017, in which I monitored FF for all Red news, and adjusted closings, as described, the Total From January through November was about 2000 pips.
• UsdCad was similar, but need to apply price action filters to get more accurate numbers.
• Have not thoroughly tested any other other pairs. Some testing on NzdUsd, looked promising. I generally avoid Gbp pairs, due to erratic price action.
• If I were awake 24 hours a day, trading this is no problem. The EA would help immensely except for price action related to Red news, but for that, I can make adjustments in live monitoring.

If this is too much info you Nahyan, I'll be happy to not post anything further. It just seems as though there is a common thread of technique.

Darryl

Now yes, the results are near the same:

thanks for your info anyway , but your write its to much for me , i like simplicity , the author of this system told that one golden rule is multi time frame!

this time higher profit factor ! we need variable time frame option

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13 & 48 look good. I respect your comment, and post some of my results using 13, 48.

bit risky but super profit !