|
EWOCCI Method and EA
Here is my EWOCCI method and ea. The method is used by a lot of people who viewed my thread at FFJ. It is a very simple beginners level method. The rules have not changed in over a year, and its the original I posted at ffj. Please don't try to modify this method or give me any ideas on it. Opinions & questions though, are welcome.
I have recently come up with an ea to compliment this manual method. But the only chart I can get it to work out well on is the daily. Because I cann't yet impliment the code for support/resistance levels for s/l placement.
The ea will not work on any other chart than daily, and only works on euro$. Set this ea and forget about it. One day you'll walk in and your big "EWOCCI" will be lit up and the account balance will be rising. It just starts placing trades once the cross is established, and will do this for the entire daily candle. Because any trade left open from ewocci day will get closed the next as the next candle dips lower. It seems to always dip low enough to close any trade left open with these settings. So I use high risk on this. You will also have the oppertunity to close the lingering trade at the turn of the day manually. You can also break up the trades with the time settings. I have NY session bloscked, so ny can close last trade before the close of the day. This should be a safe ea. Included are backtests. My first ewocci day is comming in the next couple days as ewocci daily is at .0009.
Enjoy!
Dave
Edit: Made correction to work on IBFX. And added screen text to see current trade time OK or not.
Last edited by xxDavidxSxx; 05-18-2007 at 12:58 AM.
|