What do you think after you read the title of this thread? Have you finally found a holy grail? An EA that is so great with 95% win rate and only 6% drawdown for creating a 339% profit?

Unfortunately... there is no holy grail :P

So am I lying? No. Not really. I'm just doing what other marketers do, which is to "not lying but not telling the truth" about the EA performance to get into your wallet. (don't worry, my EA is free)

In reality my new EA will give you only one of them.
- 339% profit but lower win rate and bigger draw down. or...
- 95% win rate with lower profit and bigger draw down. or...
- low draw down with lower profit and lower win rate.

I understand that each person is unique. That is why I've provided 3 setups for you. You can choose one which is suitable for your psychology and money management.

Ok, so back to the EA:
EA name: Lyly G. Catherine
Cost: free. donation appreciated.
Pair: EUR/USD
TF: takes data from multi TF M30, H1, H4, and D1. Put on M30 chart.
Backtest: provided inside the package
Manual: provided inside the package
Setting: Red (highest win rate), orange (highest profit, recommended), yellow (lowest drawdown)

screenshot:

Lyly_G_Catherine_-_Red_2007-2009.gif


Please read the manual for further questions.

This EA is still in the beginning of development phase and I believe there are still plenty rooms for improvements. If you have any idea, please don't hasitate to share.

If you are using this EA or you find this EA useful, please donate to support my creativity.

edit: one of the member run a life forward test on Lyly on his/her VPS. here's the info.
User: 319025
Pass: demo123
Server FXOpen.

Regards,

Attached Files

Lyly_G_Catherine_v.1.0.zip (325.3 KB, 983 views)

Thank you for sharing.. I will test this ea and share my results..

Thanks again for all your hardwork and selfless contribution....

Much success to you!!

Theo

Solomon Zhang,

Thanks for your generosity on presenting / sharing your efforts for free. Cool.
Well the balance chart is showing surprising uptrend with almost no drawdown, very astonishing.

Ok I’ll definitely test the EA, but I may mention here that if this EA performance is truly same as mentioned by the chart, then it will stop functioning after some period, because when so many people will use same strategy usually that strategy start deteriorating / loosing its strength as the market mechanism get activated against it.

Anyway thanks for you contribution.

Have you done any forward testing. Personally, I do not find backtests
to be of much value. If you *do* have any forward tests, please share
them with us.

Thanks for your contribution.

Rob

Thank you for all the kind words.

To answer several questions:
- The chart is a backtest from 2007 - 2009, red form. I've included the backtest inside the package. I've also included a backtest of red form from 2005 - 2009 and the graph is not that straight. In total i've included 6 backtests with different settings and period.

- Yes, I agree that if the technique become too famous, it will deteriorate. Well, I hope the technique will hold long enough.

- Unfortunately, I don't have any forward test. I'm expecting some people here could forward test it and share the results.

Regards,

I will forward test and report, after I get it up and running. I probably
won't be able to run all three versions, which means I'll pick the one recommended in the .pdf.

Rob

thanks for share , it's like linear curve waiting for forward test on live account

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Forex Indicators Collection

The equity curve is going to look a lot different than linear.

__________________
Life is a Gamble. You win some. You lose some. And life goes on.

I'm testing the "red" set, which I see has no SL. I hope we don't
have another Steinitz EA, here.

Rob

Is this a scalper? Daytrading EA or SwingTrading EA?
Will it trade mini lots?