Price Action EA - (Tested with over $140,000 profit)

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john
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09-27-14 09:45:00

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Price Action EA - (Tested with over $140,000 profit)

An amazing EA that does not use any indicator. Instead, it follows the price action. Tested from 18 August 1995 to 29th January 2014. It has managed to turn $10,000 to 11,958,183.37.
Parameters:
You can use the default parameters if your balance is $10,000. Change the lot size based on your current balance. Recommended lot size is 0.01 for each $100.

PriceAction.mq4 3.11 kb, 165 downloads since 2014-09-27

PTHANAKIT
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11-14-14 13:27:01

what pair and time frame for best result thank. i will try

jamesphuc
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11-14-14 14:20:24

Hi,

1. Did you do backtesting with modelling of 99% or 90%?

2. What are max drawdown, profit factor, winning trade % versus losing trade %?

3. What type of PRICE ACTION STRATEGIES did you base this ea on? Can you please share that strategy here?

Thanks

James

suthat
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11-15-14 00:22:25

Anybody has tested it? Please share your results here.

Thanks

rokomi
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11-15-14 00:57:09

suthat wrote:
Anybody has tested it? Please share your results here.
Thanks

That will be profitable you can use that on fxpro.
thanks

valent
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11-15-14 22:37:13

Thanks for the share, can we have a full backtest report?

jamesphuc
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11-16-14 13:33:41

Hi,

I am still missing your reply to my above post. Hope you can share with us more information on this ea.

Thanks

James

suhendrawan168
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12-28-14 19:46:43

Wow, Tested from 18 August 1995 to 29th January 2014. It has managed to turn $10,000 to 11,958,183.37

MT4talk EA Tester
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Posts: 897
Gender: male
Age: 40
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04-03-21 16:29:00

Hi, thanks for sharing.

I updated this EA and I added an automatic lot size manager, which automatically grows the trading lot size as the trading balance is growing. Each time the robot makes a profit its starts trading with a bigger lot size. The profit talks for itself!

I made a lot of changes and tested this Forex robot on a real ECN account!

Please look at what I got.

We tested on: FXOpen Broker!

IMPORTANT! Use the below button to open an FXOpen wallet to get leverage up to 500!
WARNING! If you are not using the below button to open a new FXOpen wallet, then you may not get leverage up to 500!

If you are using this Forex robot on any other forex broker, then you may have to find your own settings, because provided settings not working with all brokers.

We tested on super-fast Forex VPS! It's highly recommended for 24/5 automated trading!

Symbol: GBPUSD
Deposit: $500
Leverage: 1:500
The test time: 3 months.
Total trades: 18
Average trades per month: 6
Total profit: $142,161

I tested on the real account!

Note: We made this test for you, to give you a starting point. You should always make your own test.

Have a good trend and the biggest profit!

For detailed test information, please download the files below!

This test showed that this EA has potential. But all traders himself must optimize the EA on his account with many backtests and forward tests.

If you have any questions about this test you can contact me via email on my MT4talk profile page, at https://mt4talk.com/misc.php?email=25379
NOTE: Only MT4talk PRO members can contact me via email.

gu m30 d500 p142K PriceAction mod1.htm 16.53 kb, 81 downloads since 2021-04-03

gu m30 d500 p142K PriceAction mod1.set 1.08 kb, 102 downloads since 2021-04-03

PriceAction mod1.ex4 24.1 kb, 99 downloads since 2021-04-03

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