You can try, It may consume lot of time for proper back testing. Trades are based on H4 trade conditions so maximum 5 trades in a day.

Random Walk Theory applying in Expert Advisor

Price Actions are Bear: Three Black Crows Dark Cloud Cover Evening Doji Bearish Engulfing Bearish Harami Evening Star Bearish Meeting Lines Bull: Three White Soldiers Piercing Line Morning Doji Bullish Engulfing Bullish Harami Morning Star Bullish ...

Random Walk Theory applying in Expert Advisor

New update - introduced Price Action & few issues fixed related to info panel and trading Please download again from page 1

Random Walk Theory applying in Expert Advisor

Yes EA is just creating few comfort zones where it wants to go/play but it knows nothing about the market.

Random Walk Theory applying in Expert Advisor

New update - issue fixed for tradeing range Please download again from page 1

Random Walk Theory applying in Expert Advisor

Trading Range is increased. image

Random Walk Theory applying in Expert Advisor

C) Low volume - therefore, no Trade, Trade direction has changed to 'Sell' as Long Term trend is down and price retraced back to resistance zone. image

Random Walk Theory applying in Expert Advisor

B) Trade Direction is changed to Buy - because Short Term Trend is Up, still no trade is placed because volume is too high - just to avoid market risk no trade is placed. image

Random Walk Theory applying in Expert Advisor

Next update Next update will be incorporating Japanese candle stick pattren to detect potential "Trend Reversals", "Buy", "Sell" opportunities. image

Random Walk Theory applying in Expert Advisor

Same as above.

Random Walk Theory applying in Expert Advisor

A) If there is no open position then it will show blank. B) Put it on H4 chart. C) Make sure using the version uploaded on page one, first post.

Random Walk Theory applying in Expert Advisor

I will try to explain various scenarios for this EA. A) Previous candle Volume >10000 and <20000 will confirm trade condition as "YES", otherwise there will be No Trade for the H4. image

Random Walk Theory applying in Expert Advisor

Is this the case with the version uploaded on page one? Remove everything related to previous version and freshly install the updated file/folder. You need not to provide any additional input, once successful installation the info panel should be ...

Random Walk Theory applying in Expert Advisor

One More update - issue fixed for trade entry Please download again from page 1

Random Walk Theory applying in Expert Advisor

One More update - issue fixed for volume counting Please download again from page 1

Random Walk Theory applying in Expert Advisor

Update Further update is posted on Page One .. please download the file again.

Random Walk Theory applying in Expert Advisor

I am using it on EURUSD H4 chart, please do not use less than H4 time frame - as it identifies trend and activity so shorter timeframe will not be good.

Random Walk Theory applying in Expert Advisor

Please do post your observation, I think I am pretty close to have the final product. Hopefully, in next 2-3 months we will be able to make it excellent for forex trading. For now, just use USD pairs.

Random Walk Theory applying in Expert Advisor

This version is very promising, feel free to try. Check page 1 for download link What it has? A) Detects trend directions -Short - Mid and Long term B) Detects market activity based on tickvolume, so it will trade when there is a moderate volume, it ...

Random Walk Theory applying in Expert Advisor

Update v5: Looks stable release for now for MT5 Please use this version on demo. file

Random Walk Theory applying in Expert Advisor