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New EA to test!
I am no programmer by any means but I have completed my first EA using the Expert Builder and I would like some to backtest and forward test. All comments are welcome to try to improve this EA. If any programmers are out there who would like to enchance this EA with a money management system etc. please do. Using one standard lot on a $10,000 demo account it produced $40,000 in profit from Jan 1/2006 until now. But I don't know if I can trust the backtest as I can only manage a 73% modelling quality.
The system basically buys when the 5 smoothed MA close crosses up over the 11 smoothed MA Low and sells when 5 smoothed MA close crosses down over the 11 smoothed MA High. I have put in a couple conditions to make sure trade is not closed too early by using the slope of the 11 smoothed MA.
Use this EA on GBP 1 Hour Chart
Settings are:
Each tick mode: False
Stoplossmode: True - set to 60
TakeProfitmode: False
TrailingStopmode: False
Let's see if we can make this a truly great EA.
Thanks in advance.
Kevin
Last edited by Kaper; 02-20-2007 at 01:00 PM.
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