This uses the ADX indicator. It took 10K to more than 3 million in about a year and I thought people here might like it.
Windows XP or VPS server
Does not work on Vista OS
Currency pair and time frame:
EURUSD on 30 min chart
It has only one setting which is the Max Risk. If you set it to say 3 it will open up trades with about 3 percent risk on your account. The backtest results shown use a risk of 10. It is best if you use the lower risk.
This EA over time will work well but it takes months for the equity curve to smooth out so do not expect instant profits
To get the same results in backtest make sure you have all of the history downloaded or the holes in data will create false results.
If you like it I can post other free EA's also I have developed in future.
I have posted zip file with the backtesting results in it along with the EA.
Forward testing is up to you.
Complete instructions are included in the zip file including set up and activation.
If you want it to work on a live account all you have to do is open an account at Metatrader Brokers Recommended at any of the brokers there or
move your current account over to their group.