[FX MT4 Automated Trading] Blooming Flowers Amidst Green Willows ~ KAKOU-RYURYOKU ~
An ideal EA whose logic is decided by the correlation between 200+ technical data and profits
■ EA Overview
No hedging
Maximum one position
Trading count: 1,910 trades over 10 years (about 4 per week)
Based on data analysis in EXCEL, this ideal EA determines logic from the correlation between 200+ technical data and profits
■ Logic
Using 200+ technical data such as moving averages, Bollinger Bands, RSI, Stochastics, Envelopes, Zigzag, etc., data is collected in MT4, transferred to Excel, and using Excel data analysis, the correlation coefficient to profits is calculated, with the logic built around technical data with large correlation coefficients using VBA in Excel
■ Features
1) Most entries and exits are performed by internal logic.
Maximum stop loss (140 pips) has been triggered only 4 times over 10 years.
Maximum take profit (120 pips) has occurred 2 times over 10 years.
2) For ease of analysis, entries and exits are determined at the close of candlesticks.
3) Trailing stop is not used to keep the analysis simple, as its effectiveness is limited.
4) Profit (29,701) vs. maximum drawdown (1,456) is small. Risk-return ratio: 23
5) Compounding feature, weekend settlement feature available