Opinion about an EA

[gofore]

I made this ea, what you think
https://fxdreema.com/shared/zU4VkzB3b

[roar]

What I dont like:

• Moving averages and candle sizes aren't super effective as the core of a strategy, to my experience.
• "Add to volume" is probably the most dangerous block in Fxdreema. It makes ANY strategy look very good, but its really just gambling.
• MT4. If you really want to invest your time and money on automated systems, MT5 would give you a better environment. (= better chance of success)

What I like:

• Symmetric opening and closing of trades. That's the most logical method for a 24/7 algorithm. Fixed (or trailing) stops are more sensible in manual trading, as your opportunities are more limited.

Just my (personal) (and probably foolish) thoughts

[gofore]

Well, looks like it works on h1 timeframe, without add volume false signals take control, and increase of moving average is also a filter for that, and the size of the candle prevent risk of loss. The wiew is opposite of losing money, is a shield not to do this, is a filosophy concept. Taste it on 1h chart

[roar]

@gofore I dont have subscription at the moment, cant test.

Please, run a multi-year backtest and post the results.
For example, eurusd H1 2013-2020.

I can guarantee that it yields a loss. Please be careful.

[gofore]

Can you explain to me how to run a multi year backtest? I'm new in this site, thanks

[roar]

@gofore

• hit f2 to open history center, download data for eurusd (it will not be perfect data, depends on your broker)
• hit ctrl+R to open strategy tester
• put these settings and run the test:
  

[gofore]

ok, that is great. If I don't bother you, how can make the Ea reduce the volume? like this in bull or bear in arrow it open several trades (every time there is the condition), how can i limit the supplementar trades in 3 of 4? Thanks.

[roar]

@gofore use this block, and if you want to differentiate between the main trade and supplementary trades, set some group numbers as well

[gofore]

on but in which order? Like this?
https://fxdreema.com/shared/X3nzfmMvc

[gofore]

@roar And this? ![alt text]
Should i select equal to?

[roar]

@gofore do the checking before the other things, so the block has a chance to stop the flow

[gofore]

So in the top, in compare should i select equal to?

[gofore]

@roar Thanks