Experts: Price Action EA

 

Price Action EA:

Amazing EA that does not use any indicator. Instead, it follows the price action. Tested from 18 August 1995 to 29th January 2014. It has managed to turn $10,000 to 11,958,183.37.

Author: heao

 

Hi hodhabi,

The EA opens no trade. Witch time frame do you use?

Thank you

 

Hi hodhabi,

The EA opens no trade. Witch time frame do you use?

Thank you

 
It has no action programmed for TradeType = 0, so can use only 1 and 2.
 
It has no action programmed for TradeType = 0, so can use only 1 and 2.
 

It won't work because he ommited the trade logic..

 

It won't work because he ommited the trade logic..

 
Price lies...
 
Price lies...
 


This code is useless!!!!!

I have taken a good look at it and all it is, is some junk code that does nothing useful except continuously force open a pre-defined order when the "TradeType" parameter is set to 1 (Buy) or 2 (Sell).

In other words, it is no smarter than manually placing trades when one feels like it. Why on earth would I use this "crap" when even the manual option on MT4 is smarter and can even do trailing stops.

The only thing it is good at, is bringing your account balance down to ZERO!!!

 


This code is useless!!!!!

I have taken a good look at it and all it is, is some junk code that does nothing useful except continuously force open a pre-defined order when the "TradeType" parameter is set to 1 (Buy) or 2 (Sell).

In other words, it is no smarter than manually placing trades when one feels like it. Why on earth would I use this "crap" when even the manual option on MT4 is smarter and can even do trailing stops.

The only thing it is good at, is bringing your account balance down to ZERO!!!

Reason: