DowGoldVenus

  • Experts
  • Kyōhei Shirahama
    Kyōhei Shirahama
    2020年からMQL4EA開発を開始。
    インジケーターを用いたロジックを基本に、ダウ理論適用ロジックなどを自主開発。
    破綻のないEAを心情に、さまざまな時間軸、マルチタイムフレーム分析も取り入れながら勝てるロジックを日々探求しています。
  • Version: 1.11
  • Activations: 5
This Expert Advisor is an automated trading program that combines a breakout strategy based on the Dow Theory with a trailing stop function.

Its features are as follows:

1. It uses two time frames, long and short, to determine trend direction and entry points.

2. It detects highs and lows from past bars and determines trend direction from the slope of the trend line.

3. When the trend direction matches, it issues a breakout order based on the most recent high or low.

4. By using a trailing stop, it automatically follows the stop loss line after a certain profit is made.

5. The order lot size, number of bars for trend determination, and trailing stop setting value can be changed from the parameters.

This EA is designed to capture clear trends and breaks, and trades fully automatically.
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is  Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
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