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5Star EA by Hans Bowles
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Timeframe: M1 only
Suggested pairs: AUD vs anything
Trial: This is a trial EA which works from 2004 till end of 2016.
Settings: for version 1.0 only things which you can change are the pair to trade, money-management, tp and sl. Version 1.1 i havent made yet, will include a few more options for all.
Hey folks,
Why am I sharing this EA? Well.. I like the idea of sharing,
but that's not all. I also like the idea of having others sharing results here
I have backtested it on a few pairs from 2013 till 2016
and the results seem promising. Especially when mixing all AUD pairs
together in it which I can update in the future. So say pair1 gains 10% in a year
is not that bad with 10% drawdown, especially not when pair2,3,4,5 each also make
for example 10% and you add these up, it can become quite profitable.
Please use tools such as EA Analyzer to add several backtests of different pairs
into 1 general backtest, which can then be reviewed as 1 actual possible outcome.
5 pairs trading together should definitely lower the total drawdown.
ie. 5x 20% dd can easily become 1x 10 or 15% dd when mixed up together
I just would like to see if people are interested in testing EA's both demo forward,
different brokers and spreads, and maybe even backtest on aud pairs or even
completely different pairs.
The strategy I can not disclose for now, but it basically trades on retraces.
ie. if pair goes up 100pips within 5 bars on M1, the EA will go short for 20 pips profit.
The more people will ask about it's strategy the more likely I am to disclose more and more information.
I can already say that if you guys find amazing results both backtest and
forward DEMO test it will be released as a free download for forexsignals.com members.
@ForexSignals; perhaps a nice idea to make a coders section for EA's , people willing to play
with new made ea's as well as a nice place for programmers like myself to be in it?
- Hans
NOTE: perhaps the EA completely sucks... but hey, was worth a shot.. my intentions were only good
update log
- v1.0b: fixed trial period (expiry date)
- v1.0: -
| SERIOUS WARNING - Most Forex traders lose all their money, do NOT go live with this EA. - Using the robot posted here in trading Forex does not guarantee success. - Trading this robot could lead to serious financial loss. |
Timeframe: M1 only
Suggested pairs: AUD vs anything
Trial: This is a trial EA which works from 2004 till end of 2016.
Settings: for version 1.0 only things which you can change are the pair to trade, money-management, tp and sl. Version 1.1 i havent made yet, will include a few more options for all.
Hey folks,
Why am I sharing this EA? Well.. I like the idea of sharing,
but that's not all. I also like the idea of having others sharing results here
I have backtested it on a few pairs from 2013 till 2016
and the results seem promising. Especially when mixing all AUD pairs
together in it which I can update in the future. So say pair1 gains 10% in a year
is not that bad with 10% drawdown, especially not when pair2,3,4,5 each also make
for example 10% and you add these up, it can become quite profitable.
Please use tools such as EA Analyzer to add several backtests of different pairs
into 1 general backtest, which can then be reviewed as 1 actual possible outcome.
5 pairs trading together should definitely lower the total drawdown.
ie. 5x 20% dd can easily become 1x 10 or 15% dd when mixed up together
I just would like to see if people are interested in testing EA's both demo forward,
different brokers and spreads, and maybe even backtest on aud pairs or even
completely different pairs.
The strategy I can not disclose for now, but it basically trades on retraces.
ie. if pair goes up 100pips within 5 bars on M1, the EA will go short for 20 pips profit.
The more people will ask about it's strategy the more likely I am to disclose more and more information.
I can already say that if you guys find amazing results both backtest and
forward DEMO test it will be released as a free download for forexsignals.com members.
@ForexSignals; perhaps a nice idea to make a coders section for EA's , people willing to play
with new made ea's as well as a nice place for programmers like myself to be in it?
- Hans
NOTE: perhaps the EA completely sucks... but hey, was worth a shot.. my intentions were only good
update log
- v1.0b: fixed trial period (expiry date)
- v1.0: -
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