A backtesting made with the PipMakerV5aNeo EA.
EU M15. On one year with the default settings.
Total net profit : -2.00%
RDD : 26.83%
EU M5. On one year with the default settings.
Total net profit : 1.00%
RDD : 16.27%
What is the trade logic of this EA? If someone is willing to explain then we all stand a chance of improving it. Thanks in advance!
This is essentially a counter trend EA.
Originally Posted by FXGEN
When Price is under the 1200 LWMA, or price is under the last buy order then buy.
When Price is over the 1200 LWMA, or price is over the last sell order then sell.
It looks like to your lucky ea, except that there is no fractals envelope, no time filter and no closing when orders have a profit over hidden tp.
this is a best EA amount all in my mind, its had only one things disadvantage is its needs a high capital , the best is 10,000 and above.