This E.A. placed third place in the metatrader contest works on H4 timeframe on aud/usd,eur/jpy,eur/usd,gbp/usd,usd/jpy,and gbp/jpy.



!Merry Christmas and Happy and Prosperous New Year everyone!


Here's a translation about Godzilla from it's creator:

This Ea designed for EURUSD, GBPUSD, USDJPY, AUDUSD, EURJPY, GBPJPY currency pairs. For EA function properly EURUSD240, GBPUSD240, USDJPY240, AUDUSD240, EURJPY240, GBPJPY240 charts have to be opened. Starting lot size is 16% from balance. Maximum opened positions in this EA - no more than (3). 
In the backtesting of EA for 1 year period for any currency pairs listed above, EA increased balance for more than 10 times. Optimization is done according to last 12 months of history data.
EA is based on 6 indicators which in turn based on smoothing algorithms from "Jurik Research" company. All algorithms and indicators are included in the EA. You can test any of above listed currency pair in a regular way.

Being ex4 there is nothing that can be done about lot size unless the source code is released.


mrtools
 
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  #10         
 Yesterday, 09:32 PM 
txsundevil  
Senior Member	 	Join Date: May 2006
Location: Houston, Texas
Posts: 123 

 

 
This EA may be good to test in Demo Mode, HOWEVER trading this live Starting lot size is 16% from balance, so in other words on a live account are you willing to risk this fairly large percentage? Basically this is only for Trading in the Contest. Defintely using ex4 files, otherwise someone would steal it call it their own and sell it on EBAY or on their own website. This in my opinion that this is only a play demo EA.


