I need to know more about the indicator before I can run some final tests. The reason is because some pairs favour trend indicators, some favour reversal indicators. So far its alright on Reversal pairs.
Here is EURAUD H1 and keeping the Draw Down to around 8%. That is a 20% return in a year which is pretty good. If you can find 7 - 8 other pairs that show nice returns, it may offer 100% return a year with a few improvements.
By main opinion is that you need to take trades around 0.5 Lot size which is a bit large for a EA.
Also use SMA moving averages, not EMA's which often give lower profits.
Here is EURAUD H1 and keeping the Draw Down to around 8%. That is a 20% return in a year which is pretty good. If you can find 7 - 8 other pairs that show nice returns, it may offer 100% return a year with a few improvements.
By main opinion is that you need to take trades around 0.5 Lot size which is a bit large for a EA.
Also use SMA moving averages, not EMA's which often give lower profits.
Attached Image (click to enlarge)
Trading thin liquidity at the boundary of the charts
