Is this a good EA for EUR/USD ?

 

The EA is for EUR/USD in the 1 Hour timeframe.

Looks not bad in backtesting. But is the backtesting with MT4 reliable enough to start live trading? Is it possible to get backtesting with a quality higher than 90 %?

Files:
 

Let it run live in demo, I never believe backtesting as always a good indication of predicting the validity of the EA. Does this EA only work in trending markets? Too bad there is no EA designed to work in both markets so will not need so many different systems for different conditions :-) One size fits all.

 

Hi Parabolic,

Can you please post the source code?

Raj