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Probability Model

Probability Model


Probability Model is an EA that uses a model that estimates the probability that the price will move in a given direction.  The model identifies from the price history of a symbol variables that are used to determine the likely direction of price action.  

In the event that the price action contradicts the predicted direction, the EA engage a hedge.

Only when the probability of the price of the symbol to go in a given direction is computed to satisfy the required condition will a position be opened.  The EA performs best when the TakeProfit parameter is high relative to the StopLoss parameter.  


Probability Model can be used on any chart.


Recommendations:

  • High lot size.
  • $10000 or more.
  • High leverage.
  • Account that allows hedging.
  • High TakeProfit relative to StopLoss.
  • 15 minute chart.

Parameters:
  • MAGICNUMBER
  • LotSize
  • LotIncreaseFactor(Factor to increase the lotsize in a hedge position).
  • MaxSlippage
  • TakeProfit
  • TrailingStop
  • EnableWeekendTrading
  • FridayStopTime
  • MondayStartTime




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Multi Period EMA A trend indicator based on the exponential moving average. Keeping track of multiple EMA is a more effective way of detecting possible trend development. This indicator allows for the setting of as many as 6 different EMA periods.  Unused period parameters can be set to zero to exclude the particular EMA from being displayed on the chart. Features Up to 6 EMA displayed on chart. Option to select high EMA and Low EMA in order to detect crossovers Alert in event that change in s
The Predator
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The Predator  The Predator is a trading robot that uses a combination of various custom indicators designed to characterize trends.  The Predator uses 2 take profit and stop loss levels.  The Predator continually monitors the market after an order and will seek to close the order at MinimumTakeProfit under imminent unfavorable conditions otherwise it maintains the position until MaximumTakeProfit is attained.  When the price moves past the minimum stop loss level a second compensating order is
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