So, I have added S/D zones,next time onwards EA is not going to trade if price falls in these zones. Do share your thoughts. image

Random Walk Theory applying in Expert Advisor

With the new logic, it opened a new position with candle retracement - as soon as trade range is in approved range. Although i would still want to avoid this zone for trading. image

Random Walk Theory applying in Expert Advisor

Here is a Trade scenario explained. image

Random Walk Theory applying in Expert Advisor

Trading Hours: Also, I am increasing trading hours for next 5 trades from 5 to 10. {4,6,8,10,12,14,16,18,20,22}

Random Walk Theory applying in Expert Advisor

Presently, for each position close it is trading 17 pips. To opimize this I am making it just 10 pips to ensure faster closing of position. Let's observe it for next 5 trades. The lot I need to increase so that it can hit the $10 target faster.

Random Walk Theory applying in Expert Advisor

New System Stats Win Rate 100% (win 5 | Loss 0) || (Buy 0 | Sell 5)

Random Walk Theory applying in Expert Advisor

And ... Closed! image

Random Walk Theory applying in Expert Advisor

Yes, it would need some more scenarios to observe with present settings. Good advice BTW

Random Walk Theory applying in Expert Advisor

Agree, it is just a math to label it "over bought" or "over sold". Idea is just to stay away from trading in such conditions.

Random Walk Theory applying in Expert Advisor

Looks peculier - how long it took for back testing? I would not prefer the strategy tester for this - because the method is pretty proactive - so may be it will work good on Demo account with real price instead of historical data.

Random Walk Theory applying in Expert Advisor

I am adding few more features for betterment such as - optimizing trading on candle length to detect overbought /oversold feature. I will be releasing them soon. image

Random Walk Theory applying in Expert Advisor

EA has opened a new sales. image

Random Walk Theory applying in Expert Advisor

Folow the above instructions, post screenshots. Can't help much with one liners.

Random Walk Theory applying in Expert Advisor

Calling it a day, EA is on duty video

Billytt Die happy trading e/j daily breakout

New System Stats Win Rate 100% (win 4 | Loss 0)

Random Walk Theory applying in Expert Advisor

Safely closed by EA Just a repeated entry and exit for today in different sessions. image

Billytt Die happy trading e/j daily breakout

A Sell on EU is opened. image

Billytt Die happy trading e/j daily breakout

It will take longer time, are you trying it on visual mode. Then use EURUSD with last six months data on H4.

Random Walk Theory applying in Expert Advisor

A. So 2:1 RR would be - setting 200 pips SL for 100 pips TP, it works like a charm when USD pairs such as EU/GU are trending on same direction for 3-4 months. B. This point will remain tricky because of Market nature and serpentine movement pattern ...

Billytt Die happy trading e/j daily breakout

Hmm... my last update was this monday morning if I am not wrong, so yes it should have traded - I hope your system is on always or have you deployed in any virtual server? I got 3 trades this week. Maximum trade it can do 5 times in a day on 4, 8, ...

Random Walk Theory applying in Expert Advisor