
Originally Posted by
Neo-Rio
Actually, if you look closely at that thread, some Russian person already developed an EA for it!
Wow, it doesn't mess around either. Already has 3 trades going on one chart...
Some preliminary backtesting shows that, as an EA, it's a bit wobbly. Not much to optimize with this bot either.....
In short, it will probably need something else to confirm trades. It seems that this EA is taking every single cross-over opportunity to open and close trades, and it really shouldn't. It only needs to open and close trades on the back of a steep incline/decline which hasn't crossed over in a while, FAR away from 0.0 where possible.
At the moment, the EA opens and closes on very choppy crossovers, and it's killing my demo account softly.
I've organised the EA and indicator for you here:-