Random Walk Theory applying in Expert Advisor

Noteble point: Trend Direction and Price Action both are signalling "BUY"

Demand Zone Scenario ~

I am pretty happy with the EA performance so far. We had a tough situation when EA took a wrong entry at Demand zone but it is able to come out from that because it was a "With Trend" entry.

I could have closed the position knowing it is wrong and it happened because I also changed trade frequency from 5 to 10 times! Just doubled it to throw more challange on EA.

It has handled all challanges beautifully. That is what we call "Machine Learning". But yes it still has no memory on its own and just performing all actions with boundary defined.

But, that's good. We know as a human being we will never be be to take decission like EA does and we will never be able to keep our nerve strong when we know there is a mistake.

Summary of This Hour:

3 more trades to go - #8 to 10, then we will check again the loopholes done by EA. And, for "to be" trades #11 to 15 we will be applying those changes.

No Trade For this Hour : Read for explanation

Attached Image (click to enlarge)

Trade Summary for this Hour

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Hi Renkon, it is very interesting approach. Thank you very much for sharing. Subscribed and will test.

Cheers,
Steve

Thanks, this is far better than usual back and forward testing.

But, yes, you may need atleast 2 months time to finalise the EA strategy which can not be done on 5 mins testing on strategy tester.

One more update: Many times when panic increases in market Brokers exploites open positions for own benefit,sometimes it is also true at traders end that they exploit brokers.

I put one condition to restrict trading both from trader and broker end to avoid exploitations.

On normal and easy market conditions - trading will be allowed else not.

New update - Bug fixes on Trading Strategy

Please download again from page 1

Trade Summary for this hour

No trades yet, Trend and Price Action signals are mixed.

No trade. Volume period is updated as we are checking hourly candle volume, previously it was checking H4 - now changed to H1, I am observing the result so not releasing it now.

It took one enry .. just 1 pip above the Demand zone.

Few things needs further improvement -
A) What is the average time of position closing? Entry should be oprimized in a way that it able to close the position within the hour.

B) Checking candle body length before opening a new position - Entry on Doji candles need to be avoided.

deal #7308556 buy 0.10 EURUSD at 1.13592 done, profit: 10.30 USD

New System Stats

Win Rate 100% (win 8 | Loss 0) ||(Buy 0 | Sell 8)

#Trade Scenario

#Trade condition