This EA uses Alligator and CCI for technical analyzes and trade execution. When it comes to money management I use half-kelly to trade a bit conservatively and I don't risk more than 2 % of my account.
This isn't the most sexiest trading approach since my goal is to aim small and miss small and not to make home runs.
In other words I do not use martingale or hedging of any kind. I strongly believe that key to success in trading is in the trader himself and money management habits.
Note that I've added a news filter so that my EA stops trading during certain news events. Now let's see if I can put an end to my loosing streak.
MFE and MAE Distribution Point Graphs
Maximum profit (MFE) and maximum loss (MAE) values are recorded for each open order during its lifetime. These parameters additionally characterize each closed order using the values of the maximum unrealized potential and maximum permitted risk. MFE/Profit and MAE/Profit distribution graphs display each order as a point with received profit/loss value plotted along the X-axis, while maximum displayed values of potential profit (MFE) and potential loss (MAE) are plotted along the Y-axis.
Place your cursor over parameters/graph captions to see the best and worst trading series. Find out more about MAE and MFE distributions in the article Mathematics in Trading: How to Estimate Trade Results.
The average slippage based on execution statistics on real accounts of various brokers is specified in points. It depends on the difference between the provider's quotes from "AxiTrader-US06-Live" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.