Odd EA works on testing

 

Hello,

This is a very strange EA someone sent me, I tested it with the demo account and it works , but only for the EUR/USD

and only if using small amounts of money (small amounts as a percentage of the account balance), it only works when there is good volatility, but not too fast.

Files:
niveis.mq4  7 kb
 
JohnCrawdford:
Hello,

This is a very strange EA someone sent me, I tested it with the demo account and it works , but only for the EUR/USD

and only if using small amounts of money (small amounts as a percentage of the account balance), it only works when there is good volatility, but not too fast.

Hello John, pls kindly share ur set file and time frame. Thanks

 

Use the strategy tester

Use the strategy tester, use last week as a time-frame, and remember that this EA causes the Equity to keep jumping up and down (negative to positive ... ) obviously the EA should only be stopped when the Equity is positive (but the strategy tester disregard that fact ), use the exitMode=True; to avoid getting to the end of the execution of the strategy tester with a negative equity value, but remember that exitMode will cause the EA to Stop after reaching the profit target by the first time. Don't panic just because the Equity falls a little bit, it always recovers... it might take time.

Reason: