Update v4 Trailing stop issue fixed. file

Random Walk Theory applying in Expert Advisor

Trade opens on every 4 hours interval based on 5MA position on H4 chart.

Random Walk Theory applying in Expert Advisor

One more update on Exit function, please use this file. file

Random Walk Theory applying in Expert Advisor

Back testing may take longer time ... for any error please post error message or screenshots.

Random Walk Theory applying in Expert Advisor

About V 3.0 A) It is more about creating a platform to summarize trade information and do further development B) Moving average based trading Entry C) Fixed SL 200, TP 60,with trailing stop enabled at 10 D) 0.01 lot at start it maximizes +1 for ...

Random Walk Theory applying in Expert Advisor

One more update for the EA Latest Version: file Steps for installation A. Create a folder Structure like - \MQL5\Experts\RekonX B. Copy paste IncludeX folder C. Copy paste RekonX-AutoBots-V3.ex5 --> Attach to EURUSD/GBPUSD H4 chart

Random Walk Theory applying in Expert Advisor

Next update of this EA will be released by this Thursday. So, you are welcome to post your observations. Here, objective is to focus on a much better entry point instead of 2/5 MA on M5 it rather checks MA trend of 5,10,20,50,100 and 200 on H1 along ...

Random Walk Theory applying in Expert Advisor

RekonX-AutoBot V2.0 Disclaimer: Run it on Demo to check the output first. Features: 6 Moving Avg and Momentum indi numbers to place trades. Stop loss 190 pips,Take Profit 250 pips Trailing is enabled on 60pips Do not have Sense on Quick Exit Cutting ...

Random Walk Theory applying in Expert Advisor

A further optimization if we tweak trading hours. So this is a good base now to optimize Entry and Exit scenarios. image

Random Walk Theory applying in Expert Advisor

So, the initial questions remains same - with random entries it is getting almost same result for winning or losing trades in both directions but still able to survive for 9 months without any supporting strategies for better entry and exit. image

Random Walk Theory applying in Expert Advisor

This is the backtest result coming from the interim version. It worked for the entire 2018 with only 500 dollar - with net profit 124 dollar, please mind for this EA profit is not important rather surviving is important. Drawdown is about 13.61% ...

Random Walk Theory applying in Expert Advisor

It looks like that because we are only cutting the winning positions and keeping the losing posions opened. For each losing position EA should try to open a new trade that was my initial thought, but to do so it may add more risk to equity. So, it ...

Random Walk Theory applying in Expert Advisor

Correct, but even we change the complete logic, there is no evidence that it is going to run fine and ensure absolute safe trading. EA started with random ness, we noticed it works good in a situation but prone to fail when the situation changes. ...

Random Walk Theory applying in Expert Advisor

I agree, so it needs improvement.

Random Walk Theory applying in Expert Advisor

Yes opening regular positions at same price zone is a problem. We will fix this by next release.

Random Walk Theory applying in Expert Advisor

Correctly said. Well done. See, we need to look at this as investment for future so you are welcome to contribute by your time and thought. If you are using this in Real account you are taking risk ofcourse but then whatever is the reward the profit ...

Random Walk Theory applying in Expert Advisor

This is not released for earning lot of money, but still it can, I think it is going to survive, although logic wise it is not perfect yet. Please keep watching this place for EA updates, will release better version soon. And that is the primary ...

Random Walk Theory applying in Expert Advisor

Ah...may be not that simple. Yes, one alert and dare person could earn insane profit by exploiting market condition. EU generally goes on sell till october end then buy starts till Dec 20th, post that till jan 10th it is better to stay away, then it ...

Random Walk Theory applying in Expert Advisor

I would say it is not bad either, but yes, I see the opened positions were not correctly done by the EA, so last 2 days were challanging enough to provoke our thought process.

Random Walk Theory applying in Expert Advisor

One more error - and this is only applicable to this R&D version of EA is- it has done few incorrect trailing and closed positions in negative. This is now corrected. image

Random Walk Theory applying in Expert Advisor