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Attachments: M1 Countertrend Scalping Strategy
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M1 Countertrend Scalping Strategy

M1 BTCUSD
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M1 BTCUSD
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M1 GBPUSD
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M1 XAGUSD
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M1 EURUSD
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M1 GBPUSD
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closed before target...
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M1 EURUSD
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EURUSD M5
will close when hit the blue line
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"Money is the point" - Saul Goodman
M1 AUDUSD
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closed before target...
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every minute matters!
Hey guys,

I have automated a strategy based on counter trend.

Full details on:
https://www.forexfactory.com/thread/...omated-trading

Attached File(s)
File Type: ex4 GJ_PriceDistMA_EA_V3.0.1.ex4   61 KB | 125 downloads

Attached File(s)
File Type: txt EU M30.set.txt   5 KB | 99 downloads
Quoting Orangejuice
Hey guys, I have automated a strategy based on counter trend. Full details on: https://www.forexfactory.com/thread/...omated-trading {file} {file}
sounds interesting, i cannot use it as i'm running mt5...

not sure what your experience level is with ea's, but my experience tells me that mt4 tester results don't mean anything...

best of luck with it!
every minute matters!
Quoting mehantrader
EURUSD M5 will close when hit the blue line {image}
not sure what your target was for the first order but i guess you just missed it, the entries were very well timed and your planned exit is ideal, nice trading!
every minute matters!
Quoting niks
{quote} sounds interesting, i cannot use it as i'm running mt5... not sure what your experience level is with ea's, but my experience tells me that mt4 tester results don't mean anything... best of luck with it!
MT4 strategy tester is definitely unreliable. That's why I use a paid service for my backtestings.
Quoting Orangejuice
{quote} MT4 strategy tester is definitely unreliable. That's why I use a paid service for my backtestings.
fair enough - i find the simplest way to validate a backtester is to run a forward test for a period of time, then run a backtest over the same period of time and the trades should be identical - mt5 and broker tick data provides this reliability for free in my experience...
every minute matters!
Quoting niks
{quote} fair enough - i find the simplest way to validate a backtester is to run a forward test for a period of time, then run a backtest over the same period of time and the trades should be identical - mt5 and broker tick data provides this reliability for free in my experience...
Yeah that's one way to go.

Might as well attach my TE since Aug 2023.
Quoting Orangejuice
{quote} Yeah that's one way to go. Might as well attach my TE since Aug 2023.
i commend your effort, your results so far are impressive - but i also see areas that to me would be of concern in the most recent 100 trades suggesting the algorithm may be highly optimised - again, that's just based on my experience with ea's, i spent a LOT of time working on them, i really do hope for you the best of luck with it!

i'd certainly be interested to try an mt5 version of it if you make one available...
every minute matters!
M1 XAUUSD
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M1 XAUUSD
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M1 XAUUSD
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M1 AUDUSD
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