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@Alex81 Correct. About 7 EA's. I covered the important ones. It's complex in terms of development. I just sought for the simplest strategy. Holding and milking the move. While other traders are focused on all the other stuff that they believe causes the market to move, I'm as close to the bottom or top and in profit no matter which direction price moves while they are taking on risk. My objective is to eliminate as much risk as possible. These templates helped me achieve that. Every position I'm in right now is as close to the bottom as possible. That's where I want to be. Yes this was all done in FXDreema. As frustrating as it was to make everything work, it's definitely possible to use it in more creative ways than just trying to build a strategy with a perfect equity curve in all market conditions which is impossible for me to do.

@l-andorrà Yeah it's definitely the best tool out of all the ones I tried and I'm glad that picked it up after trying out the other stuff. It's way more flexible and a ton more options and ways to skin a cat. I also have a 3D animation background and it's really similar to 3D programs that are node based. But yeah it was tough to grasp at first but that's how most software is that are actually pretty good.

Here is an example. It is a bit of an oversimplification. This usually plays out on a large timeframe but there's only so much room on the chart to draw it.

I will share a video of the EA in the next post to show how the line comes to be.

That's it for today. I'm not saying that price will hit those levels soon or if it will at all. I'm just prepared in case it does. If it does, it could be quick or a slow grind for a few days. Every bottom isn't an aggressive spike. It could be a slow roll over as well but I have an Idea of what to look for if that's the case. If it doesn't get there and pushes up instead for a great distance, It's totally fine. F.Y.I. I'm not posting these as signals that I think people should take. This is strictly to show how I blend EA's that I worked really hard on and how I use them to aid me when pulling the trigger. I still put a ton of time in on the charts outside of my EA's. I also still get nervous because I'm using real money and even though results have been good so far, I will be wrong at times. I look for these setups and they take weeks/months to manifest. So I have to get ready and explain my thought process even though price may never get where my attention is focused.

You have the No Trade bloc connected. It's not taking any more trades because you are telling the bot to only execute if there are no positions. That's my guess. And for future references, if you have an issue with something, there is no need to oversell a strategy as being powerful or claiming there to be some secret. We can tell by looking at it that it won't be profitable because we all personally have EA's like this that we tried to build when we first started. That 20 bucks will be drained real quick when applied to the wrong market structure. When the margin becomes too low, the broker won't even allow the trade. We are happy to help but you are less likely to get help if you don't keep it specific to the problem.

EUR/USD
This one is a good ways below the green. I've never seen price breach completely below into the white. If there is more downside, I would assume it to be very little.

It's not as deep into the red as I'd like but it is pretty deep below the green and been down there below a good amount of time. A slow grind near the previous two ribbons is also a good sign.

For the high tracer, I'd like to see it go down further and think it likely will. As of now, it's a little high for my liking.

EUR/CAD & EUR/USD

Still long on Yen pairs based on Ribbon templates.

The markets were pretty wild last week due to all the terrif news. There were a handful of pairs that I expected to squeeze up a few weeks back to enter on a sell. That push happened this past Friday and I did sell at the end of day. The last time this pattern occurred for these pairs were back in 2020. I am on this setup as short no matter what's going on in the news. I'm going to stick to my system and the hard work that I put in to build it.

Using the DmRO Indicator, the negative tracer is extended well beyond the positive levels. It's safe to assume that the more buyers that buy in on these levels, the less likely they will be rewarded. There still may be room for bullish momentum. I think that it may be short lived.

One particular setup I'm on the lookout for is AUD/NZD.
The positive tracer has entered into the negative levels which rarely happens. I won't enter until there is a break of that lowest point where price was at the time. It could be a week. I do think that there will be upside to come but a better entry will be later when price gets underneath that zone.

I will later post updates from this past week and what I am looking forward to. I've been working on my indicator to be able to finally put it on the market. I simplified it down for other users. Feel free to download the demo and test it out while everything is moving as well as look in the past. It's the DmRO indicator.

https://www.mql5.com/en/market/product/135841?source=Site+Market+MT5+Indicator+New+Rating006

On the Close Trades bloc is a filter by symbol setting. By default it is set to specified meaning that it won't pass because there isn't a symbol there. Set it to any symbol and it should work.

@Fireblade Yes my bots give signals. I do have ideas to implement executing trades but as of now I'm not interested in trying to figure it out. I do build general bots to trade and have built countless of them in the past. Going back one year or shorter is a good starting base just to see if it's basically doing what it is told. But after that it just makes sense to see how it would have performed in much earlier years. I believe that a bot's stableness depends entirely on the user. An example that I notice from many people sharing their projects on here, their strategy will have a limit buy but no time expiration for it. That order will then get triggered at a much later time with no relevance to the actual strategy because they didn't think to remove it so it affects their results. It could also work in their favor but either way, there's an order that's being reflected when it shouldn't. Build it to where it makes sense and go back as far as you can. See what market conditions crushed it the most and then consider pluging it. If an 8 week downtrend blows it up. Engage it after you see an 8 week downtrend. I've noticed that when most EA's I build are most unprofitable nearly to the point of blowing up. That's usually a good time to deploy. When they are most profitable is usually a good time to take the profit and turn them off. Maybe that's due to the strategies I use.

3-6 months is way too short. I'm assuming that you mean a bot that places trades. An EA could absolutely last a year. Even two. You can put little effort in an EA and it can be be profitable one year but the next year completely blow up. Testing over years puts the EA in different market structures because the more time that goes by, the more market conditions it goes through. Just like anything else especially any type of engineering, things are more so tested in environments that stresses it so that the limits are known. Unless there's some major machine learning stuff going on you'll be hard pressed to find an EA that is profitable in all market conditions over the course of years. I think the amount of processing power needed would bug the EA down and even if someone is pulling it off, they aren't putting that information out. That's why I don't focus on building EA's that take trades because if I have to constantly adjust it to be profitable one year at the expense of drawing down or blowing up another year, it's not viable. I know this goes against saying that you should test for years but it's much better than a few months. There still needs to be human discretion and knowing when to engage the EA or turn it off. Even the software that market makers, banks, and hedge funds use is managed by people. They don't just set it and forget it.

I'm taking a couple of entries and will explain my thought process behind them. This is more so a way of how I analyze price action and will utilize an EA for an entry. This is a pattern that I've seen play out while backtesting across multiple pairs and it's rare that it happens and is difficult to spot even after the fact. I'm taking this opportunity to document it live. If it doesn't play out as expected then that's fine but my hunch is pretty strong and the risk is low. This is an idea and I'm sharing it to demonstrate that I don't purely use EA's/Indicators. I use things in conjunction.

The idea here is to pay attention to 2 negative correlating pairs which I have stated in previous posts. For this example, EUR/GBP and GBP/CAD. Both pairs have very similar movement for 2 weeks. I look for a final similar push in the same direction followed by and obvious divergence. Once that divergence is clear, I look for a pullback within that area for an entry. Even though initially I don't buy at higher prices or sell after price goes lower, this is an exception and I keep my risk very low when doing so. GBP/CAD did drop with the recent pairs I just posted so my thesis is short anyway. That drop came later than I expected so I'll use this as an opportunity to short. I'm only using adaptive moving average and trendlines to visualize direction. There are not used for predicting or buying/selling a ''bounce''. Similar structure for negative correlating pairs is bound to diverge and the best way to spot it is to look for the obvious change and direction.

There are a handful of pairs that could possibly be a squeeze setup into a sell. For each of these pairs price is starting to extend beyond the green lines which is a sign of a reversal. A squeeze up within a short amount of time would be a trigger for me to enter with a sell stop after price trades at the top of the range. If not this still could likely be a top but price may range around these zones for a few days before turning down. Not sure what the likelihood for either scenario but I will be on the watch for both. In this example I'll use EUR/CAD. It has been pushing up but an extended push to the upside in Tokyo or London session, I see it as a blowoff. One thing for sure, I don't want to be a buyer in these zones.

Pairs with the same setup are
EUR/NZD
GBPNZD
EUR/AUD
GBP/AUD
GBP/CAD

Whatever EUR/CAD does, these pair will move pretty similar.

The Ribbon Template is also fitted for the SNP. I'll enter on this signal from what appears to be a low on the last trading day of the previous week.It's pretty rare when price gets here for the SNP and when it does, it's usually upside that follows. I'm also testing this out with options.

Several days? I use lines all the time and my tests are done in under a minute. Can you proved some detail?

USD/JPY setup came later after the other Yen pairs. When price convincingly and consecutively reaches into these zones, I see that as an entry. I do think there will be some upside to follow. Not sure how much or for how long but if there is, this is a point where I want to enter.