Featured EA (Nov 2013): Bob's MTF LWMA System

This expert advisor was suggested to me by a kind forum user bobbillbrowne in the Expert Advisors and Automated Trading section. In a nutshell, it makes use of the linear weighted moving averages (LWMA) on the short-term time frames such as 1-min, 5-min, and 15-min charts. Here are the results from Oct 2010 to Oct 2013:

Number of trades 23
Profit/Loss in % 21.39%
Win ratio 56.52%
Largest profit 4.58%
Average profit 0.43%
Average loss 3.46%
Maximum drawdown 13.45%

The file’s attached for anyone’s who’s also interested to backtest or optimize. Just share your results in this thread, ayt?

BOB’s MTF LWMA’s Bot AUSJPY.zip (7.18 KB)

Need source code to optimize. Where to find it?