Thread: Slope Direction Line EA

A test with Slope Direction Line EA. Default settings.

12 pairs H1.

Used as a tool. Trades manually managed.

Start at 12am-3pm, end at 8pm (GMT+1).

When a profit is more than 15 pips, we apply a 15 pips trailing stop.

When a loss is more than 100 pips, we apply a 150 pips stop loss.

Total net profit : 6.95%
Open trades : -0.74%
RDD : 3.02%

AU 235
EA 47
ECH 62
EG 27
EY 94
EU -12
GCH 8
GY 116
GU 36
UCA -250
UCH -9
UY 339

Originally Posted by bnbb2004

Hi Funyoo!

Could you please update this EA so that it will only enter a trade on a new signal (versus in the middle of a trend - several bars after the signal)? TIA!

Hi bnbb2004,

See here : http://www.tradingsystemforex.com/ex....html#post5624

Slope Direction Line EA Major EY GY H4

Total net profit : -10.61%
Open trades : 7.16%
RDD : 14.86%

EA slope direction is some times decreasing and increasing when will it happening?

Originally Posted by Leon

EA slope direction is some times decreasing and increasing when will it happening?

Hi Leon and welcome,

As the EA is designed for H4 timeframe, it will happen at the end of a main trend. It certainly requires more filters.