Anyone willing to upgrade this EA to next level?
Hello Everyone,
I just build this EA (Coded by a freelancer) based on couple of indicators (EMA & TMA) and it seems generating promising results over last 1 year. But I guess the EA still needs some tuning by filtering bad trades. EA works well (in Backtesting) with EUR/USD and USD/JPY but only for 5-6 months and then start making loss or break even.
Let me guess : it is keeping the losing order(s) opened indefinitely? What you have described would fit in that model of EA working, but without some closing based on some decision logic (or stop losses) any EA like that is almost sure doomed
No Mladen it is using TP (20 pips) and SL (35 pips), but I never tried optimizing the settings since it takes ages to do that in my PC. Do you think we can filter out those bad trades?
If it is using the centered TMA, sorry, nothing can be done
If, on the other hand, it is using a regular TMA, did you try to optimize the parameters of the EA using the optimize feature of the back-tester?
If it is using the centered TMA, sorry, nothing can be done
If, on the other hand, it is using a regular TMA, did you try to optimize the parameters of the EA using the optimize feature of the back-tester?
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Hello Everyone,
I just build this EA (Coded by a freelancer) based on couple of indicators (EMA & TMA) and it seems generating promising results over last 1 year. But I guess the EA still needs some tuning by filtering bad trades. EA works well (in Backtesting) with EUR/USD and USD/JPY but only for 5-6 months and then start making loss or break even.