bforex multi-currency Discussion

My ea!

more description on what ingredients u are using?

No indicators used or specific time frames. The basic concept of the development of this EA is focused on closing the trades, open market under all conditions. Also because I'm just a programmer with very little experience on forex.

I decided to publish the demo account on myfxbook, because the algorithm by testing the strategy seems to have made great potential (test publish soon). This great EA is just 14Kb.

so what is the logic for making a trade?

From my modest experience, I think the important thing is not open trades, but close them. This is the logic.
I can not ensure that the correct choice, but only time will tell.

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<div align=center topmargin=1 marginheight=1>
<div style='font: 20pt Times New Roman'><b>Strategy Tester Report</b></div>
<div style='font: 16pt Times New Roman'><b>bforex</b></div>
<div style='font: 10pt Times New Roman'><b>AlpariUK-Demo (Build 226)</b></div><br>

<table width=820 cellspacing=1 cellpadding=3 border=0>
<tr align=left><td colspan=2>Simbolo</td><td colspan=4>GBPUSD (Great Britain Pound vs US Dollar)</td></tr>
<tr align=left><td colspan=2>Periodo</td><td colspan=4>5 Minuti (M5) 2010.01.04 00:00 - 2010.04.08 23:55 (2010.01.01 - 2010.04.09)</td></tr>
<tr align=left><td colspan=2>Modello</td><td colspan=4>Ogni tick (il metodo precissimo sulla base di tutti gli intervalli di tempo minimi)</td></tr>


<tr align=left><td>Errori di grafici</td><td align=right>0</td><td></td><td align=right></td><td></td><td align=right></td></tr>
<tr height=8><td colspan=6></td></tr>
<tr align=left><td>Deposito iniziale</td><td align=right>10000.00</td><td></td><td align=right></td><td></td><td align=right></td></tr>
<tr align=left><td>Profitto totale netto</td><td align=right>6584.09</td><td>Profitto lordo</td><td align=right>84437.57</td><td>Perdita lorda</td><td align=right>-77853.48</td></tr>
<tr align=left><td>Fattore di profitto (profit factor)</td><td align=right>1.08</td><td>Ricompensa attesa</td><td align=right>1.57</td><td></td><td align=right></td></tr>

<tr align=left><td>Drawdown assoluto</td><td align=right>5648.15</td><td>Drawdown massimo</td><td align=right>11545.70 (72.63%)</td><td>Drawdown relativo</td><td align=right>72.63% (11545.70)</td></tr>
<tr height=8><td colspan=6></td></tr>
<tr align=left><td>Operazioni totali</td><td align=right>4186</td><td>Posizioni al ribasso (vincite %)</td><td align=right>2147 (60.08%)</td><td>Posizioni al rialzo (vincite %)</td><td align=right>2039 (59.10%)</td></tr>
<tr align=left><td colspan=2 align=right></td><td>Operazioni con profitto (% del totale)</td><td align=right>2495 (59.60%)</td><td>Operazioni in perdita (% del totale)</td><td align=right>1691 (40.40%)</td></tr>

<tr align=left><td colspan=2 align=right>Il piu' grande</td><td>operazione con profito</td><td align=right>493.56</td><td>operazione in perdita</td><td align=right>-521.70</td></tr>
<tr align=left><td colspan=2 align=right>Media</td><td>operazione con profito</td><td align=right>33.84</td><td>operazione in perdita</td><td align=right>-46.04</td></tr>
<tr align=left><td colspan=2 align=right>Massimo</td><td>vincite consecutive (profitto in denaro)</td><td align=right>11 (2868.48)</td><td>perdite consecutive (perdita in denaro)</td><td align=right>11 (-2730.90)</td></tr>

<tr align=left><td colspan=2 align=right>Massimale</td><td>profitto consecutivo (numero delle vincite)</td><td align=right>2868.48 (11)</td><td>perdita consecutiva (numero delle perdite)</td><td align=right>-2730.90 (11)</td></tr>
<tr align=left><td colspan=2 align=right>Media</td><td>vincite consecutive</td><td align=right>2</td><td>perdite consecutive</td><td align=right>1</td></tr>

</table>

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<a href='' target='_blank'><img src=''/></a>

I am making the latest changes, and will release a test version of single currency, as some have asked me.

from your experience, think it wise to participate in the contest myfxbook this bot?