Quote:
Originally Posted by TradeWynds
Has anyone contacted William B for a response?
Are you suggesting that the EA may not perform as well in a downtrend, (the EURUSD has been in a range of about 650 pips since March of this year and the EA has performed well in backtests and demo trades within that period) and if so, what is your reasoning.
Thanks for the dialog . . .
|
Yes I contacted "Bogie enterprises" before starting the thread to see what they had to say. They just denied without any further explanation and as the denial doesn't make any sense when we check the indicator, that made me start this thread.
Yes, in my opinion, the Ea is biased toward an uptrend.
To check it you can backtest for instance.
Also the indicator is between 0 and 100, an unbiased method should be I think symetrical such as buy when go over 20 and sell if go bellow 80, but it is buy above 54 and sell below 74.