Toms Dollar Cost Averaging

1
This Expert Advisor implements an RSI Mean Reversion strategy with a moving average filter for trade entries. The EA uses higher timeframe RSI conditions to detect potential buy or sell opportunities, confirmed by a lower timeframe moving average. The strategy includes risk management features like limiting the maximum number of open trades, controlling risk based on ADR, and closing trades when a predefined account profit percentage is reached. It also includes visualization tools such as a break-even line and a trend-following moving average displayed on the chart.


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patrickdrew
3170
patrickdrew 2025.03.07 09:55 
 

UPDATE:

Does not work at all! :-( Been on 6 charts M5 for 3 days. It draws the trend line but no trades at all.

Also author (Tom) does not respond to messages.

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After TWO weeks of silence author responds and does not like my review.

His EAs have still not taken a trade (on demo with lots of capital and spread) - and he talks about community but has not said anything about where it is.

Neither actually said anything about his "community" to start off with?!?! If this is for your community - and "all the information is there"... why share an incomplete solution here!???

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This could be great.... But author needs to include BT data. Details on TF, asset class, etc!

Will test on demo. :-)

Thomas Alexander Kevin Anderson
601
Risposta dello sviluppatore Thomas Alexander Kevin Anderson 2025.03.13 07:05
Hi, I dont particularly appreciate the 1 star review as this EA is only for a community I have and all the information for use of the EA is in that community. There are a million reasons why it might not work for you broker/money needed for it to operate, what your imputs are etc. It might not be taking trades on those specific pairs because there is no setup. Sorry you had a negative experience with it if you want more information you can always join the community,
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