My Second EA. HOLYGRAIL???

Have you ever believe on 'Perfect Trade'?
This one I'm not sure, is it really holygrail or not? The only thing that I can make sure is it's low risk EA. However, by using compounding technique, it still have an ability to generate gross profit 382.64% in 5 trading days.

Let me try to estimate the income by expending the trading period into 2 weeks.
Let say the initial is usd1000

1st 5 days : 1000 x 380% = 3800, Balance : 4380
2nd 5 days : 4380 x 380% = 16644, Balance : 21024

How about, if we start with initial usd100










Wow. Could it be real???

Strategy Tester : Compounding Tecnique on GU

Nice result on GU... from initial deposit 10,000 the ea generate 48,439 net profit in 2042 candles in M5.
That's mean,
2042 m5 candles = 2042 x 5 = 10210 minutes
= 10210 / 60 = 170.17 hours
= 170.17 / 24 = 7 days

Unbelievable... from initial 10,000 can get final balance 58,439 .... 580.39% in 7 trading days...

But as a programmer, i still can feel that this ea will fail under certain circumstance.
I need to find out... and overcome the probabilities of failure.

My First EA

At first, I'm not interested to study EA coding. But the only way to test the trading strategy is by creating EA... that's why I have to learn it. And now, I've got little bit idea about creating EA. The picture above shows the result of my first EA

p/s Good try

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Update

Smooth result on GU... I've just realized it

My auto trade project

I'm going to develop my first auto trade project. I thought, It's not really EA (actually i don't really have any idea about EA programming)... it's standard indicator but it will perform auto trade on certain condition by executing the line of code or procedure (it's programming things).

I've made some observation on the stoch+RSI signal and I've listed a few things to be considered about on this auto trade project.

It doesn't necessary to know everything, but i need to know what i have to know.

p/s Could I change the way I sleep? Could I generate money while sleeping? or could I work 24 hours a day?

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Update

I've finished update the parameters to be used in this program.
And I was also finish program the procedures to open trade (buy and sell), to close order and to detect when the trade hit SL.

The only thing is, to test the program. Is it work or not??? If the the things work... I will make some observation for further enhancement.

This would be my first step to EA programming??? For me, it's not really important. The objective is to create the program to trade automatically. I also wan't the system do exactly as I trade manually. And.... if the trade loss, i will not blame the system. That was the best I can do on manual trading.

p/s Control emotion aspect is not a big deal anymore

GBPJPY : Sideways in H4

9:30 am gmt+8

I expect that the trend is sideways... and price play around high 194.84 and low 192.63.

Last time H4 BULL candle failed to confirm BULLISH... and what we can see now is the power between BUYER and SELLER is balance... for a little while they don't have any decision to go where.....

On this case i might BUY when price low or SELL on high as long as price in range.

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Update
12:38 pm gmt+8

Currently price keep trying to break Low 192.62 for BEARISH continuation

Could the system help us to control our emotion???

After a long time... finally i realize that... we make money by waiting. Emotion is the greatest weakness and at the same time it could be the greatest strength of human being. However to deal with market, someone has to be patient and able to controlled emotion. That was the most difficult part in trading.

I've updated the system by adding the system's reminder... hopefully i will always remember to control emotion in trading. I understand that the system is not intelligent enough but at least the system always thinking in logical way.... and won't forget once the instruction set into it.

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And.... Who is BlueDream anyway??? --------------------------------------------------------------------------

GBPJPY : Tried to find U-Turn

12:04 pm gmt+8

The overall movement is down, however... H4 and Daily chart already oversold and at the moment it's highly risk to enter SHORT position.

The market might try to find the U-Turn for BULLISH after very long journey for BEARISH....
If we take a look at H4 chart... we found that the previous candle is short body candle with long lower shadow... usually good sign for U-turn. However the current H4 candle tried to 'retrace' the lower shadow... it's also possible if the current candle of H4 break the previous candle's low.

I expect that market will BULL if price could break the level 194.67 .... So what can i suggest is stay out from market until market decide where to go.

SHORT - High Risk
LONG - Not yet confirm

p/s Or maybe you already forget about BULL and what is BULL anyway... LOL

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Result
8:48 pm gmt+8

As i said... market keep trying to get U-Turn for BULLISH... The price failed to break the last low 192.62.... and now the current BULL candle keep trying to reach the critical level for BULLISH confirmation, 194.79. However, maybe it's not so fast.

We just try to imagine on how about the trader's psychology around the world right now.... I thought some of them are taking profit and SELL the yen... That was the story behind the candle

Moving to EA???

I've combined 2 indicators source code(BDStochRSI + BDBestEntryAlert), into 1 single source to get integrated and comprehensive info about trend and entry point.

From here, i get an idea to create my first EA. But so far there are many things to observe. And since I'm not familiar with EA programming, I've also many things to study.

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Commercial Break
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Baa Baa Black Sheep rhyme

Baa baa black sheep, have you any wool?
Yes sir, yes sir, three bags full!
One for the master, one for the dame,
And one for the little boy who lives down the lane.

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