Market Overview

11:25PM GMT+8

At the moment, strong downtrend detected on EURUSD, GBPUSD, EURJPY and GBPJPY... in longterm.

In H4 most likely SIDEWAY for a while

Enhance the interface of indicator

My idea to trade on volume and ATR

My First Succeed EA

Date tested : From 2008.05.01 to 2008.10.30 (6 months)
Symbol : EURUSD
Period : 1H
Initial : usd 100
Total Net Profit : usd 4606 (4600% by using compounding technique, equal to the initial usd1000 will generate usd 46,000)
EA Trade time : 24 hours a day and 5 days per week
Method : xxx
Accuracy : 87.50%

EA vs manual trade

Every system has it own rules to enter position (BUY or SELL) and to exit opened position.
Some of the advantages of using EA are as follows :
1 - The EA (program) won't forget once the instruction set into it.
2 - The program won't interfered by emotion.
3 - The program will open position on exact conditions.
4 - The accuracy of the system could be tested.

I assume that the market big timeframe only have two situations, Sideways and Trending. The good system will profit on good market movement and could pass or at least minimize loss on bad situation of market. And the system also must has lower risk of -ve floating.
That's why i believe that this EA will profit on long term.

p/s why i love to create ea? because i can test the strategy... and i have a vision to know the system will succeed or not in manual trade... no need to loss to get a lesson. It wasting time and money
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Project status : SUCCEED !!!
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GBPJPY : Confirm reverse or not?

1.50 PM gmt+8

H4 market currently sideways.

GJ considered uptrend if price could break around level 193.44.... 94 pips to go. Otherwise, it remain Bearish

Chaos Fractal Breakout EA result

Result : The EA will profit on trending market but will fail under sideways market on large timeframe.

Status : EA Failed.

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Chaos EA project closed
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Developing Chaos Fractal Breakout EA in progress

The indicators used on this ea are :
1. Awesome Oscillator - to check trend
2. Alligator - to check trend
3. Fractals - High Low breakout

EA procedure :
1. Pending order, BUY STOP above upper fractal during UPTREND. TP 15 pips. SL several pips bellow fractal candle.

1. Pending order, SELL STOP below lower fractal during DOWNTREND. TP 15 pips. SL several pips above fractal candle.

The EA need to modify for further improvement.

I love this EA because it use simple and systematic method.

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???