Probability Model

Probability Model


Probability Model is an EA that uses a model that estimates the probability that the price will move in a given direction.  The model identifies from the price history of a symbol variables that are used to determine the likely direction of price action.  

In the event that the price action contradicts the predicted direction, the EA engage a hedge.

Only when the probability of the price of the symbol to go in a given direction is computed to satisfy the required condition will a position be opened.  The EA performs best when the TakeProfit parameter is high relative to the StopLoss parameter.  


Probability Model can be used on any chart.


Recommendations:

  • High lot size.
  • $10000 or more.
  • High leverage.
  • Account that allows hedging.
  • High TakeProfit relative to StopLoss.
  • 15 minute chart.

Parameters:
  • MAGICNUMBER
  • LotSize
  • LotIncreaseFactor(Factor to increase the lotsize in a hedge position).
  • MaxSlippage
  • TakeProfit
  • TrailingStop
  • EnableWeekendTrading
  • FridayStopTime
  • MondayStartTime




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The Predator
Emeka Nwankwo
The Predator  The Predator is a trading robot that uses a combination of various custom indicators designed to characterize trends.  The Predator uses 2 take profit and stop loss levels.  The Predator continually monitors the market after an order and will seek to close the order at MinimumTakeProfit under imminent unfavorable conditions otherwise it maintains the position until MaximumTakeProfit is attained.  When the price moves past the minimum stop loss level a second compensating order is
There is a strong correlation between tick volume and real volume.  This is important for 2 reasons: Real volume is a very important indicator because, among many other benefits, it provides strong confirmations of the emergence/dissipation of trends. Real volume is not available in Forex, instead, one has to make do with tick volume. Unfortunately, tick volume is highly broker dependent.  Additionally, it is often not used effectively to define indicators.  Virtually all indicators that use
Volume Support EMA Signals uses the Volume Z Weighted Exponential Moving Average(VZWEMA) to identify trend signals with demonstrated market support.  This is accomplished by using the standard Exponential Moving Average(EMA) Indicator along with a VZWEMA.  The VZWEMA is a modified version of the traditional EMA indicator, where the z-scores of the tick volume is used in a weighting scheme that gives more weight for higher volume and less weight for lower volume.  An indicator that features the
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