Hi Everyone,
I have been working on an EA for a few months now and it’s finally starting to come together. I have been testing it on live accounts for a few months and tweaking it here and there to improve the results. I have it to a point now where I am happy to show the results to the public on live accounts. The MyFXBook accounts below show the results of the EA starting this week. Obviously this is the 1st week and the results so far are nothing to go by, but please stick around for the next 2-3weeks at least to keep an eye on the results, and if my accounts have blown up by then, I might drop a copy of the EA on this thread!
[B]Real Account #1[/B] - Aidy Sproule’s Mathematical High Probability EA System by aidysproule | Myfxbook
[B]Real Account #2[/B] - Aidy Sproule’s Mathematical High Probability EA - A/c#2 System by aidysproule | Myfxbook
[B]Real Account #3[/B] - Aidy Sproule’s Mathematical High Probability EA - A/c#3 System by aidysproule | Myfxbook
[B]Corre71’s Demo Account[/B] - Cabex V2 Rayscalper V3 Megadroid WSFR Asia System by corre71 | Myfxbook (Use magic number: 1690)
[B]goodexp’s Live Account[/B] - Real account-6 System by goode | Myfxbook (Use magic number: 1690)
[B][U]Update - 25 May 2015[/U][/B]
I have had a few requests about how my EA works, so I will explain the main concept of the EA but I will not being giving away the exact parameters the EA uses to open trades. So here goes…
The EA is a short term trend EA, so trades are open for a maximum of 24 hours. Starting with the current bar of the 1 minute chart, the EA counts back 1440 M1 bars (24 hours), for each bar, it will look to see if the close is above or below the open of that bar, if the close is above the open it indicates a long candle, the EA then works out the distance between the open and close and records the result to a variable. If the close is below the open, this indicates a short candle and the EA again works out the distance between the open and close and adds it to a second variable. It continues this for the total 1440 M1 bars to get the total amount of buying and selling for the previous 24hours are any point in time during the day. If there is more buying than selling, this will indicate the currency pairs is going long, if there is more selling than buying that means the currency pair is going short.
Once the trend is identified, I have an custom trend strength indicator that has been modified for this EA to determine the strength of the trend, once the trend strength passes a certain threshold, the EA will enter a trade in the direction of the trend with a default stoploss of ATR (daily - 14). As the EA continually monitors the trend, if there is a reversal in the trend, the EA will close the trade. If the trend remains in place, the EA will close the trade after 24 hours and the above process is repeated.
The details above give an overview of the main concept behind the EA, it does not cover the in depth working of the EA as I have been working of this EA for quite some time and I’m not up for giving it away… just yet.
Let me know if you have any questions.
Aidy
