Trend trading forex ea
This forex robot opens trades when short term support and resistance lines are broken and the volatility is high. The theory says that volatility came into play right before a big movement up or down. All of my robots are designed to work as standalone forex robots but together they work much much better. The drawdown length is reduced from more than one year to 3 months because the strategies are covering all market aspects and each EA ends up being profitable.
It simply follows the trend. When the current candle closes above the previous high and the volatility exceeds a certain value, a long position is triggered. If the current candle closes bellow the previous low and the volatility exceeds a certain value, a short opens. I only use price action, no indicator needed, I do not like indicators very much because they repaint.
The last thing I need is to forecast the past or to make predictions about the future using meaningless information. This EA is designed to open trade based on the present market configuration. Take profit and stop loss are also broker side thus protecting the account if the VPS shuts down or if the trend trading forex ea connection is lost. Take profit is smaller than stop loss but the number of winning trades exceeds the number of losing trades.
The big advantage is the fact that 0nce open, a trade has enough room to move, this way the noise is eliminated. Total number of trades: Of course, money is not made on backtests but they are needed to analyze the robustness of the EA. So, how robust is it? Backtest shows long trades and short trades, the distribution is almost equal which is great!
The profits are almost equally distributed over the years trend trading forex ea this is a great thing too. You may wonder why am I using this weird formula. Total profit of pips made in the trend trading forex ea are multiplied with Walk Forward Efficiency Ratio which is usually less than 1 because in real life we expect less pips than in backtests. The trend trading forex ea length is quite high, trend trading forex ea show a maximum drawdown length of more than one year and nobody has the patience to wait that much.
But the drawdown length is a common expert adviser problem. So during the swing periods the EA merely survives. The proper choice is to build a multiple strategy portfolio. My portfolio this trend follower is a part of it shown only 3 months of drawdown, the maximum drawdown length is 3 months only!
Are you interested in a pay trend trading forex ea profit scheme? Home About me Contact me Old forex robots. The strategy It simply follows the trend.
Backtests and statistics First, 13 years backtests: Trend following profit years. Details here Yes No View Results.
Like the ACD trend trading forex ea, what exactly are True Low and True High. Parameter - period of averaging n, boundary of signals BUY, SELL-pers. Its nice to see you reversed concept of KRV to get price following indicator but i feel if you we have it as color histogram bar is better than arrow outlooks for pleasing look while trading. Acd Method Forex free binary options indicators mt4 download Aug 2, 2003.
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