Originally Posted by acday

I think EA build based on original isakas -zeman with indicators BBand, Heiken Ashi and Kuskus Starlight is more profitable. Any info about that?

Originally Posted by azmel

Isakas Ashi I by Kuskus Osentogg @ Zeman

I have written an Expert Advisor (EA) based on the Isakas Ashi I strategy written by Kuskus Osentogg @ Zeman. The original strategy including its descriptions and discussions can be found at the Manual Trading Systems section here.

Attach is a zip file containing the EA, all required indicators and a template. Unzip the file into the installation folder of your MT4 terminal. Restart MT4 and attach the template onto a chart. The author recommends H1 timeframe, but feel free to experiment on different timeframes. As usual, the lower timeframes are faster but noisy.

Here are the description of the settings:

Magic. This is a unique number to differentiate this EA from others. If attaching to different currency pairs, you don’t need to change the number. However, if you open more than one of the same pair, for example EURUSD M30 and EURUSD H1, then each needs to be different from the other.

CompoundGrowth. If set to true, the EA will calculate the lot size. If set to false, a fixed lot size is used.

CompoundIndex. If CompoundGrowth set to true, the EA will open this many lot per $100,000 account balance ($10,000 for IBFX mini account)

Lots. If CompoundGrowth is set to false, the EA will trade with lots fixed to this size.

TakeProfit. A hard take profit (TP) value for each trade. If no TP is desired, enter zero.

AutoTakeProfit. If set to true, the TP value is set based on the last low/high generated by the KUskUs_stop indicator, multiply by the index value below.

AutoTakeProfitIndex. If AutoTakeProfit is true, the TP is calculated based on the last low/high multiply by this index.

StopLoss. A hard stop loss (SL) value for each trade. If no SL is desired, enter zero.

AutoStopLoss. If set to true, the SL value is set based on the last high/low generated by the KUskUs_stop indicator.

AutoStopLossMin. If the SL value given by the KUskUs_stop indicator is less than this value, then use this value instead.

CloseOnOpposite. If the KUskUs_stop indicator generates a new signal, all opposing trades will automatically be closed.

TripleHeikenAshi. If set to true, the EA will use triple timeframes, which are M30, H1 and H4 to confirm signal. Default is false, which only look at the default TF.

I've started a new forward-test of this EA running on 20 H1 pairs on FXDD with the default settings. Forward test began on May 21st, 2008. I will update the statements weekly. The graph below is extracted from an Excel spreadsheet taken from the previous forward-test.

If you wish to follow the forward-test live, here are the login details:

Broker: FXDD
Login: 5435342
Password: tr7zpkg

Best regards,

Azmel.