I have been using a simple strategy to trade in the past. I opened up a new account and funded it the other day. I just had the EA created today and am running forward, live test. The EA is made to be selected to use with the main trend 4H trend or channel. It allows you to select Sell or buy. Unless you can HEDGE positions. I recommend you only pick one. EA runs on a 5 Min Chart. I currently have it running on EURUSD, NZDUSD, and AUDJPY. So far with the EA the close by signal has not been profitable, we will see as I use it on a Renko chart. Backtesting results are great Nov1-Nov19 using 25 point trailing stop. The created EA is posted, My manual rules of trade.
*** You must set it to trade according to trend...
1. EMA - 5 Open Shift 0 == Yellow trend direction
2. SMA - 14 Open Shift 0 == Red Limit for TP or SL (Exit Signal)
3.SMA- 20 Open Shift 0 == Purple Major Trend Direction
4. Parabolic SARS Step 0.02 Max 0.03 = Entry signal
5. CCI, Level 100, -100 === Entry Signal
6.(IF ON RENKO CHART) box size of 5 ** otherwise Omit
Buy-------------
Open price above the YELLOW AND PURPLE
SARS appears UNDER running price
CCI Through level 100
EXIT When closing price under red line or TP, SL or TS
SELL______________
Open price below the YELLOW AND PURPLE
SARS appears Above running price
CCI Through level -100
EXIT When closing price above red line or TP, SL or TS
EA I do believe is SELF HEDGING!!!! as long as the buy condition reverses or if the sell condition reverses. But it must reach the condition for the buy or the sell. If hedging is not allowed Nothing will happen.
***I recommend turning off the alerts. It can get annoying for a non-hedge account 
Bars in test 4542
Ticks modelled 1269860
Modelling quality 90.00%
Mismatched charts errors 33
Initial deposit 1000.00
Spread Current (59)
Total net profit 1308.97
Gross profit 1365.76
Gross loss -56.79
Profit factor 24.05
Expected payoff 23.37
Absolute drawdown 140.37
Maximal drawdown 325.52 (23.58%)
Relative drawdown 23.58% (325.52)
Total trades 56
Short positions (won %) 0 (0.00%)
Long positions (won %) 56 (96.43%)
Profit trades (% of total) 54 (96.43%)
Loss trades (% of total) 2 (3.57%)
Largest
profit trade 102.14
loss trade -49.76
Average
profit trade 25.29
loss trade -28.40
Maximum
consecutive wins (profit in money) 54 (1365.76)
consecutive losses (loss in money) 2 (-56.79)
Maximal
consecutive profit (count of wins) 1365.76 (54)
consecutive loss (count of losses) -56.79 (2)
Average
consecutive wins 54
consecutive losses 2
(( November 1 - 19 0.10 Lot size following uptrend, profited as well on sell only selected but only 200$. Trailing STOP of 25 AUD/JPY))
Attachment
*** You must set it to trade according to trend...
1. EMA - 5 Open Shift 0 == Yellow trend direction
2. SMA - 14 Open Shift 0 == Red Limit for TP or SL (Exit Signal)
3.SMA- 20 Open Shift 0 == Purple Major Trend Direction
4. Parabolic SARS Step 0.02 Max 0.03 = Entry signal
5. CCI, Level 100, -100 === Entry Signal
6.(IF ON RENKO CHART) box size of 5 ** otherwise Omit
Buy-------------
Open price above the YELLOW AND PURPLE
SARS appears UNDER running price
CCI Through level 100
EXIT When closing price under red line or TP, SL or TS
SELL______________
Open price below the YELLOW AND PURPLE
SARS appears Above running price
CCI Through level -100
EXIT When closing price above red line or TP, SL or TS
EA I do believe is SELF HEDGING!!!! as long as the buy condition reverses or if the sell condition reverses. But it must reach the condition for the buy or the sell. If hedging is not allowed Nothing will happen.
***I recommend turning off the alerts. It can get annoying for a non-hedge account
Bars in test 4542
Ticks modelled 1269860
Modelling quality 90.00%
Mismatched charts errors 33
Initial deposit 1000.00
Spread Current (59)
Total net profit 1308.97
Gross profit 1365.76
Gross loss -56.79
Profit factor 24.05
Expected payoff 23.37
Absolute drawdown 140.37
Maximal drawdown 325.52 (23.58%)
Relative drawdown 23.58% (325.52)
Total trades 56
Short positions (won %) 0 (0.00%)
Long positions (won %) 56 (96.43%)
Profit trades (% of total) 54 (96.43%)
Loss trades (% of total) 2 (3.57%)
Largest
profit trade 102.14
loss trade -49.76
Average
profit trade 25.29
loss trade -28.40
Maximum
consecutive wins (profit in money) 54 (1365.76)
consecutive losses (loss in money) 2 (-56.79)
Maximal
consecutive profit (count of wins) 1365.76 (54)
consecutive loss (count of losses) -56.79 (2)
Average
consecutive wins 54
consecutive losses 2
(( November 1 - 19 0.10 Lot size following uptrend, profited as well on sell only selected but only 200$. Trailing STOP of 25 AUD/JPY))
Attachment
Mr. K
