Mar 9, 2012

dan adx+macd EA

This robot from 27-03-2010 checks the value of the ADX and MACD indicators, and opens trades according to their bullish or bearish signals. It's performance was not so great:



(Back-test performed on 60 min EURUSD from 1-1-2011 to 1-1-2012)

Lost $7,783 from a $10,000 account, averaged 1 win per 6 losses, and only won 19.65% of it's trades.

This robot would make a great gag gift for someone.

With a little bit of modernization, including adding a trade trigger and getting MACD readings from a higher time frame than the robot is run on, this updated version yields some positive results:



(Back-test performed on 60 min EURUSD from 1-1-2011 to 1-1-2012)

$971 profit, 68% win rate, averaging 4 wins to 2 losses.

Unfortunately, it only seems to return positive results on EURUSD, and also seems quite sensitive to settings changes. Any slight alteration to the code and this robot performed poorly again.