please help code this great system to an E.A
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please can someone help code this great system to an E.A it is the custom indicator FOREXOFFTREND with properties of ssp=5, kmax=30 and kmin=1.6. buy and sell signals are generated by crosses of the indicator lines while take profit and S/L are trend reversals. i have attached enough charts below to show the reliability of this system. this system has proved to be profitable on 1hr and 4hr timeframes
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Have you FORWARD tested this particular system? It's all very well to backtest by looking at the crosses and thinking "I could have won big there".
Systems relying on crosses be it MAs or other indicators tend to be laggy and miss the boat in real time trading. If you can trade it manually and successfully, an EA version would probably work well ![]()
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Lesson of the ages
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Lesson of the ages...
An indicator is a simple robot. An EA is a slightly (as in 'but not much') higher form. And a System is a complex device whose success will depend on whether it is tuned to the market complexities no matter the time basis or the formation. Never waste time trying to make an EA or a system for that matter with one indicator. It is like putting rollerblade wheels on a suitcase. Nice improvement but it aint gonna win the indy. ; - )
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Cheers, Cyclon 'Forged in the Fires of Frustration, the Supertradesystem is No Longer Sheathed!' Supertradesystem - World's 1st 100% Accurate Trading System Last edited by Cyclon : 06-29-2008 at 03:32 AM. |
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