Support Resistance Trader:
Support and Resistance lines are used with the Standard Deviation indicator for generating trade signals.
Not impressive with $773 profit in 9 and a half years
Great job on the ea! Too bad it doesn't raise the position proportionate to account balance. Should be implemented.
Many thanks for sharing your amazing projects with the community.
For me your coding has a great learning effect how to create clear entry signals and how to deal with opened positions.
To all others an in my opinion: Keep in mind that the code is shared free of charge but of high quality for new coders! There are many others much
more poorly created.
Nicht beeindruckend mit einem Gewinn von 773 USD in 9,5 Jahren
The profit of 773.-USD in 9.5 years is at a fixed size of 0.01 lot
For a fixed size of 1.0, that would be more than $ 70,000 in 9.5 years. In one year about 7000.-USD.
If the backtest results are correct and the EA has a small drawdown,
7000.-USD / year is ok.