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I am testing volume trader EA Volume_trader_v2 written by forexts (see in download area) and modification of this EA by giovanun. I am using two copies of MetaTrader 4 with alpari and neurex.
Does anybody test it?
The last version is the only good one. The other ones had strange problems.
This trader is interesting in GBPUSD H4 ... it shows interesting profits in some circumstances.
I really think this trader is very interesting to try to understand how the volume affect the movement and perhaps should be integrated with a trend indicator of main level (Daily).
I stoped testing this EA because of some problem with exit. Some strange problem.
But, anyway, this EA is estimating the trend very well: up trend, down trend (or nothing it means we are not trading). I think this EA should be improved on the following way:
- the EA does not need to trade. The estimate the trend showing just a few words on the charts (up trend etc) is enough sometimes for the manual trading. Just to be sure that it is uptrend or down trend for example.
Linear Mode
