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(edited by johnmacknamara 10-23-17 17:59:56)
Rocket Trend Long Term EA
I want to start being part of this nice community and share with you an EA I created based on volatility breakouts, or "big candle" strategy. It is a profitable EA in long term run due to the nature of this strategy and based that you will always have a tight stop loss but huge take profit possibilities.
On thing that differs from some other volatility breakout EAs is that it has a counter trade stop order possibility, that you can set at a retracement point from the main move. In some pairs it can be more profitable than the main strategy.
Another thing that adds to this EA is that I coded a candle trailing mode that moves your stop loss to the highs or lows depending on buy/sell position and time passed.
There are other function to test at will. The default settings works on EURUSD and can be quickly tested/optimized on other pairs too. You can test and optimize at control points mode and the results will be very similar to a tick simulation test.
The only function that requires real tick data to show the correct results is the Volume filter, which is not really necessary but can filter some false breakout situations.
If you enjoy this EA and have good heart, please help some people and children that does not have the financial possibilities or good health we do. Visit our charity program at lincolnvirus.com and donate any amount you like. There are other very nice EAs being developed there and will be available to the public soon.
Success to us all!
Is anybody have a forward run on this? if possible please let me know the myfxbook link performance stat. Reason was this kind of dcalping strategy normally not working in real.
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Hi Abdul, how are you?
This is not scalping, you can be in a position for days. Try downloading and testing it so you will understand how it works.
But I'll be showing a forward test soon too.
Please also check the trading history attached so you can see how the trades were performed.
Rocket Trend EURUSD Default Set M30.htm 339.12 kb, 16 downloads since 2017-10-24
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