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Profitable EA H1 Easy Trading Bars System EA

4.00 star(s) 1 Vote
I have basically suspended the use of this ea and the trading signals until the volatility involving brexit, and the US government shutdown conclude. The markets have been sideways and too indecisive to engage the ea and it wouldn't be a good idea to distribute it, or take on any more signal service clients until at least the beginning of February. Also, AAPL and FB are crashing and the DJI is at a precipice. Therefore for the safety of clients and profits, it is my prevailing sentiment to wait.

The good news is, that has given me time to work on other ea's. I have been having fun with the concept found in an ea found on the mql5 market for free called DI Daymaximum. Trading the breakouts of the daily high or low with a small draw down, and a good take profit, is a sound idea. But of course, that ea's compounding method of increasing the profit curve is in question. However, it is completely free and without restrictions and can be found here:

https://www.mql5.com/en/market/mt4/expert/free?Filter=DI+Daymaximum

Back test it for fun on Hourly chart and see what compounding can do for an account. Remember, the stop loss for this ea is about 2 pips depending on broker so little draw down. I may make a similar ea only with slightly different parameters. This Daily High/Low type system is discussed many times online and worth consideration.

As for my ea here is the current balance report for closed trades:


 
Performance Update:

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Live Trading Analysis--

https://www.forexfactory.com/ckart#acct.29
 
I have basically suspended the use of this ea and the trading signals until the volatility involving brexit, and the US government shutdown conclude. The markets have been sideways and too indecisive to engage the ea and it wouldn't be a good idea to distribute it, or take on any more signal service clients until at least the beginning of February. Also, AAPL and FB are crashing and the DJI is at a precipice. Therefore for the safety of clients and profits, it is my prevailing sentiment to wait.

The good news is, that has given me time to work on other ea's. I have been having fun with the concept found in an ea found on the mql5 market for free called DI Daymaximum. Trading the breakouts of the daily high or low with a small draw down, and a good take profit, is a sound idea. But of course, that ea's compounding method of increasing the profit curve is in question. However, it is completely free and without restrictions and can be found here:

https://www.mql5.com/en/market/mt4/expert/free?Filter=DI+Daymaximum

Back test it for fun on Hourly chart and see what compounding can do for an account. Remember, the stop loss for this ea is about 2 pips depending on broker so little draw down. I may make a similar ea only with slightly different parameters. This Daily High/Low type system is discussed many times online and worth consideration.

As for my ea here is the current balance report for closed trades:


another EA on my radar to test on live emotion smile.THANKS clapping hands
 

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