EA SeriesFX

Hi,
 
I developed a betting strategy based on the Series Law and Double-Up strategy
 
EA Inputs:
Initial Lots
TP=SL [always the same]
Loss1, parameters=[END OR SAME OR REVERSE]
Loss2=[END, SAME, REVERSE]
 ...
Loss7
 
Trading Strategy:
 
1- Upon initialization, the EA checks history to see if the last price action was UP or DOWN the amount of input TP compared to current price
2- The EA opens a new order in the same direction as the last price action, so BUY if UP, SELL if DOWN, using input TP=SL and Initial Lots
3- As long as it's winning, the EA keeps repeating orders in the same direction with the Lots= Initial Lots
4- If the EA looses, it checks input Loss(x) to determine next action for each consecutive loss:
    4.1- After the first loss, if parameter of Loss1 is END, then go to step 2- above
    4.2- If parameter of Loss1 is SAME, then EA opens a new order in the same direction of the last opened order with DOUBLE THE INITAL LOTS. If the parameter is REVERSE, the EA opens an order in the opposite direction of the last opened order with DOUBLE THE INITIAL LOTS. 
    4.3- Same for each consecutive Loss with DOUBLE THE LOTS EACH TIME.
    4.4- If at any time there's a win, then go to step 2-
    4.5- If Loss=8 is reached, then go to step 2- 

Regards,

TheDC