Looking for some feedback

[Larry]

I had originally built an EA that worked on a 1 min chart collecting pips between bollinger bands, based on a stochastic crossover match. The darn thing was constantly going into the red and generating more losses than wins, this was mostly due to the currency not bouncing off the bollingers, instead it was pushing the bollingers further apart. However, I passed it on to a fellow EA tester who set it to a 4 hour chart and tweaked the values a little differently than the way I designed it to work. the end result is that he took a $3k account to $11k in a months time, with over 10,000 pips earned. I was astounded as was he. It had no losses, because I don't set a stop loss. I have been told that is not a good thing by experienced EA devs, but it has proven to be reliable so far. I would show you the results of his run, but it was a demo account and it expired.

So I quickly setup a replica with other variants to it. Here they are:

$10k balance, 28 currency pairs: http://lehayespower.mt4stats.com/

$3k balance, 10 currency pairs: http://lehayes.mt4stats.com/

$5k balance with 28 currency pairs: http://lehayes02.mt4stats.com/

$3k balance, 6 currency pairs: http://lehayes03.mt4stats.com/

I have done some analysis on this weeks run and I have decided to make some changes on the $10k account so it can improve it's performance. We should be able to see the change in next weeks results. I am also considering dropping the $3k w/6 pairs and changing the $3k w/10 pairs to maybe 15 or 20 pairs. I can't increase it to 28 pairs because as we can see from the $5k, the average drawdown and floating would put too much risk on the table. I think I might create a $100k run to see how it is effected by the tool.

I like the idea of running against all the currency pairs available, because it kind of serves as a natural diversification technique. While one or two pairs may shift and cause havoc, the remainder of the market stabalizes the EA's balance.

Now, part of what my tester was doing was a couple of times a day he would check on it and close any trades greater than $1. So following in his pattern, I did the same with the above. One next weeks run, I am going to let them flow naturally to their Trailing Stop Loss settings to see what they would do on their own.

The EA is slow on a 4 hour and it is like watching paint dry, but when the market moves in a bad direction, the risk is still minimal, so I am thinking this is a good thing. My whole basis for the design was risk aversion and keeping away from eating too much of the free margin. At .10 a pip, I would like to think I will never see a negative as high as $100, but if it does, I think I will close it for sure. I have no problem with manually trimming something like that off with the kind of growth I am seeing. I have a built in money manager that changes the lot size according to free margin balance so it can grow to larger than .10 a pip, so I will have to keep that in mind when considering when to cut my losses.

So what I would like to ask of you is to look over the stats and provide me with feedback on where you would be concerned here.

Also, I am considering selling this some day and would like to know who I can talk to to help get that setup and running, or maybe if someone would want to buy it from me to sell it themselves.

I know that 6 days running is not much time, and as we get near the end of the month I lnow the demo accounts will die, but for now, we can see interesting growth even for a weeks time.

I can show you the detailed report it is in the attached file, here is the image of the report?:

[Larry]

Strange, the attached file is not showing up on the thread.

[Larry]

This is just a summary, whole page is too long: