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price action ea

I found a good ea based on price action. This is scalper, but when i paste it to my c/program.files/broker/experts and attache to chart. This robot doesn't trade. Can you check it?
 
price action ea

Here you go. Please check it, if you can solve this problem let me know.
This robot has amazing p/s (over 90%). Is has tp and sl. The best timeframe is m1.
 

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  • Price Action EA2.1_Multitrades.mq4
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Squall

Member
I can see that it can run on many pairs but does anyone have advice on which ones are best and also which timeframes to use?
 
I can see that it can run on many pairs but does anyone have advice on which ones are best and also which timeframes to use?

Yes, it is from fsd:).
Yesterday i ran this robot. 46 trades, 6 losses. In my opition eur/usd is the best pair. I use m1 because this is scalper.
 

Squall

Member
I first ran it on M15 and it almost wiped out a demo account in one day.

I put it on M1 overnight and I'm reasonably impressed with the results.
6 trades, 5 winners

I see that it seems to use the i-trend indicator to determne exits as well as entries. It does not simply wait to hit a TP or SL.

This is interesting.
 
I first ran it on M15 and it almost wiped out a demo account in one day.

I put it on M1 overnight and I'm reasonably impressed with the results.
6 trades, 5 winners

I see that it seems to use the i-trend indicator to determne exits as well as entries. It does not simply wait to hit a TP or SL.

This is interesting.


This is scalper, so in my opition m15 is too big, m1 is a good solution.
I changed sl from 50 to 25 and the results are nice.
 

monty666

Active member
hm - back test 4 last month looks quite bad ...
has someone it running on a real account with the original settings and wich pairs?

Here you go. Please check it, if you can solve this problem let me know.
This robot has amazing p/s (over 90%). Is has tp and sl. The best timeframe is m1.
 
hm - back test 4 last month looks quite bad ...
has someone it running on a real account with the original settings and wich pairs?

I ran this robot 13 June 2011. My pairs: eur/usd, gbp/usd, eur/jpy. TF m1
My result:
Profit Factor: 1.14
Expected Payoff: 0.48
Absolute Drawdown: 55.24
Maximal Drawdown: 126.18 (1.25%)
Relative Drawdown: 1.25% (126.18)

Total Trades: 123
Short Positions (won %): 70 (92.86%)
Long Positions (won %): 53 (77.36%)
Profit Trades (% of total): 106 (86.18%)
Loss trades (% of total): 17 (13.82%)
 

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