A new expert with great potential
It seems to me that this EA has potential, but needs to be improved, something is missing. Maybe a filter should be added, maybe the output system should be changed.
Popular folklore: "Porridge from an axe". I.e. the axe has a potential as a base for porridge, but you just need to bring it up to speed, something it lacks. Maybe some salt, maybe some grits or meat for more brew.
Hi! Why only use RFTL? You could add a SATL filter, for example.
How do you build RFTL? Do you do spectral analysis?
I don't know what SATL is
Folklore: "Porridge from the axe". That is, the axe has potential as a base for porridge, but it just needs to be brought to its senses, something is missing. Maybe some salt, maybe some grits, maybe some meat for more gruel.
It is not an axe, it is an advisor, which works and which you can bring to mind. I hope to do it together. If not interested, you can look for other threads, where you can just chat)
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There is an EA based on the RFTL indicator. The essence of it is simple - when the price chart crosses the indicator, the Expert Advisor opens positions. The Expert Advisor trails by candlestick shadows, and it closes it. This is all. The indicator is not configurable, and therefore works on any TF. The results are very good, but unstable. Here are results of trading by weeks: 236, 125, 246, 68, -121, -168. These are on Visual, 0.1 lot, traded on M15. I am not attaching the reports, there are too many of them.
I think this EA has potential, but it needs to be polished, it needs something. Perhaps we should add a filter or change the output system.
DEAR EXPERT ADVISORS! I suggest that you take a look at this EA and think how it can be improved. It seems to me that it may be useful for everyone.