MT4 EA: Let's make a profitable EA based on SOMETHING

Hi,

I was wondering, whether we can make a profitable EA relying on randomness of the market. I tried making a simultaneous buy and sell EA but it didn't work out. Currently developing an EA that would place orders based on previous candles. Let's see what happens. Please do comment on this and if you have any advice then help me.

Thanks and Regards.

Lol,

These are the result for the first iteration. Have to work on it alot. Back-tested it for the month of Oct 2019, account got wiped out in a week. The results were for with Martingale of 25%. For without martingale system, the account was wiped in 3 days.

Mark II,

Still blew my account, but I would say a slight increase in the results. This time Not using Martingale helped in get better results. Without martingale I was down to $127 and didn't blew my account.

I will be changing the timeperiod of the candles to H1. for better results new time.

Damn,

Mark III, looks very promising. Made $250+ profit without Martingale but was down $250 with Martingale. Although Was High Profitable with Martingale up till last 2 days. One thing to bear in mind that these results are for H4 chart, and not H1. And TakeProfit was changed to 15 while SL was changed to 10.

Mark III - improvised version,

Added a trailing stop option, the result for without the martingale is similar with a profit of $240 in a period of 2 weeks. With Martingale, Mark III was able to reach a maximum of $2440 but was down alot, it ended with a profit of just $167. Still a small improvement.

Mark IV,

Alhamdulillah got great results for Mark IV, with Martingale was able to make a profit of $1044 while without martingale only $450, but was able to double it though.

Okay so ths Random structure is not working although great results were shown by Mark IV, I am dropping the idea for complete randomness, instead will be working on something else. Will be updating soon.

Hello,
Can you please post your backtest details, like Max DD, backtest period,...?
You can post here a complete Strategy Tester Html file.
Regards,