backtesting right now..15/30 min TF failed quickly..1 hr is still running now with good gains..higher tf = more like better simply because indicators used are more promising...will post results if decent..and will also backtest to 2003 shortly with 99.9% quality. stay tuned.
update..moved starting lot to .01 instead of .05 for safety...300% in 6 months and then dropped below margin call. sorry bud. i think the EA itself has potential..but you need to find a way to incorporate a stop where it is not overly conflicting..which is hard to do on a grid. too risky for my blood knowing any day can be Dday for the account with this setup.
Can you post pics please so that we couod be able to see better the good or bad results from this indicator ?
I didn't save them honestly..and am backtesting too many other currently to want to re do the tests for one I know fails with time. the bottom line is..its a nice uptrend in profit on all Tf's etc even using smallest lot size starts, but eventually hits the floor...why? because there is not a stop in place that is reasonable. I will not use anything without a stop because it just becomes a .."how lucky will i be for how long?" question. this EA has the potential to be good, but needs to have a stop that works within its strategy...and as a grid trader..its hard to do. i have made this successful somewhat by limiting trades to just 1 and having it meet a lot of criteria to place that trade, with a stop...but there are better EAs for such things. ANY EA without stop losses WILL fail at some point in time..its just not worth using them to be honest..
thus far, the ONLY EA..out of so many of these..that should the test with consistent profit regardless of broker, market conditions, slippage, etc..is KeltnerPro. I'm not affiliated..and dont even know if you have to buy it still or not...and the trade frequency is slow as all get out..but the are properly risked trades that in the long run, produce awesome profits..mainly for EU..all the other pairs it suggests...i dont see working out that well
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