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Probability EA 7.2 (By mwscofield)

The user has deleted this system.

Probability EA 7.2 Discussion

ForexSeeker (ForexSeeker)
Jun 08 2010 at 07:24
814 posts
How come there is no data on Jan, Mac, Apr 2010 ? Is your data corrupted ?

Information is Gold when come to organised.
mwscofield (mwscofield)
Jun 08 2010 at 21:45
9 posts
The EA creates high and low markers and only trades if it is outside of that boundary (higher than the high marker and lower than the low marker). During these months the price never reached outside the boundary, so no additional trades were opened. On closer examination, there are two trades opened in Apr 2010 in which the price did reach outside the boundary.

If you would like to see the EA in action to understand this concept, there is a screencast video at Note that is version 7.0, but the concept of the boundaries is the same.

michael.w.scofield@
ForexSeeker (ForexSeeker)
Jun 09 2010 at 00:02
814 posts
Can you make this account balance to be public too ?

 https://www.myfxbook.com/members/mwscofield/probability-ea-72/31060

Information is Gold when come to organised.
mwscofield (mwscofield)
Jun 09 2010 at 00:06
9 posts
ForexSeeker (ForexSeeker)
Jun 09 2010 at 03:42
814 posts
Can you do a back test with out Risk MM and use a fix lot size ?

As I can see at the end that the lot size become max 50; and it defeat the logic to use HammerMutiply x5.

Incredible good result you show year by year back test at your homepage.

But people still skeptic that you optimize it year by year.

So far I can see is an incredible good EA base on grid trading which fully automatic, as I knew grid trading need to have human intervention to correct the trend.

How long it took you to develop this system ? And look like your latest demo only start on April '10.

Information is Gold when come to organised.
strongy2906
Jun 09 2010 at 04:38
1 posts
Forgive the newbie question but would this software work with Oanda for example?

ForexSeeker (ForexSeeker)
Jun 09 2010 at 16:06
814 posts
Oanda only can do manual trade, did not support MT4 EA system.

Information is Gold when come to organised.
mwscofield (mwscofield)
Jun 09 2010 at 16:56
9 posts
DoubleTrap,

Visit this site to see 7.2 with a fixed lot size of 0.15 lots: https://www.myfxbook.com/strategies/probability-ea-721-fixed-lot/92

This EA has been a work in progress for over two years. I originally created the EA because I wanted to write one that I could use on my own account and had no intention of selling it. Over the years I've modified it, improved it, added multiple user options to it, and in January 2010 I thought, why not make a couple extra dollars and sell it? So I was on version 7.0 at the time and have sold tons of copies of it on eBay, PayPal, and ClickBank. 7.2 is the newest version (which is why it was started in April), but I'm not selling it until I get a solid forward test of at least a few more months, since that is the number one thing people ask for, and rightfully so.

michael.w.scofield@
khaderforex
Jun 20 2010 at 13:15
2 posts
Dear sir,
Where can i get this EA?
How much is price?
Please reply me sir

mwscofield (mwscofield)
Jun 21 2010 at 03:51
9 posts
Version 7.1 is sold at my website.

Version 7.2 is not available to the public at this time.

Michael

michael.w.scofield@
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