Discussion The EW Trends Algo

**An AI approach to the automated trading systems including my novel trend prediction algorithm...

Dear all, thank you for your interest in The EW Trends Algo!! It includes things as follows;

• The EA uses EURUSD, GBPUSD, USDJPY, and, USDCHF together. /4 pairs
• It initially uses 6.5 take profit and 100 (big) stop loss points.
• There may be max four trades at the same time. No manual tradings, other EAs, martingale, or grid!
• The EW Trends Algo uses times from 0 to 0. This means that it runs all day. Thus, you should use a VPS.

Let’s talk about 6.5 take profit and 100 (big) stop loss points. The EW Trends Algo is very good at the prediction of trends. But, it has a problem on low stop loss points especially in manipulated markets. It seems that it is needed 16 profitable trades to recover a loss. This is not quite good. We have 4 pairs. We assume that 8 profitable trades in a day. So, we need 2 profitable days (including 16 profitable trades) to recover a loss.

In fact, the result of the above calculation is quite good if we have an EA with a high win rate. It has a 96.36% win rate according to the backtests. Why is the win rate of The EW Trends Algo a high rate? First of all, it is related that it uses a high stop loss point of 100 pips. Secondly, it has a good and novel trend prediction algorithm developed by me.

Best, Murat Y.