Unfortunately, as a result of heavy computation involved in identifying cost breakout patterns (http://fxpricebreakout.ucoz.com/index/software/0-5, I needed to stop building this Scalping EA on its experimental stage. I couldn't make any progress.
I think still I can not find a ways of decreasing computation in identifying cost breakout patterns. Implementing full algo it takes too long time to run back test.
I used demanding algorithm about the EA Beast to save computation but the precision also decrease too with the algorithm that was rough. So it only shows the fantastic potential but no longer at this stage.
So Cost breakout pattern is better suited to manual trading just so far I guess.
Anyhow, anyone has adventurous mind then you may try this EA on demonion account. This is absolutely free.
Notice that this is experimental EA and eduional EA only although there is not any limitation to use this EA in your live account.
But use them with your own care and care. EURUSD H1 time period only. This is free EA.
Hopefully you guys will have some fun playing this EA on this tacky and boiling summer weather, at least it is true where I am living for the time being.
I attach two back testing test reports based on last 1 year old information and EA as well as the EA Beast version 2.9.
Plus, the ideal broker to utilize this EA is some broker permit you to start as many as open positions as possible (even larger than 300). The EA can work together with the broker limiting the amount of open positions too like the case of Iron FX. But the profitability will reduce dramatically. Also it is better to use this EA with broker you can get tight stop loss and take profit level.
You're welcome to go over your forward testing outcomes here with this experimental EA. So feel free to use this post to go over anything regarding the performance of the EA Beast. You can also share the parameter collections in the event that you find one. You will find just a few parameters to optimize.
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