I decided to publish an EA I spent 6 months coding.
It functions on EUR/USD M15 with at least 100.01 currency units as the account balance.
Hoping somebody will improve it
SyFirst_Grid uses 6 indiors
1- Center Of Gravity
It allows the EA to perform a price action analysis on 3 different units of time (defined in the settings) in order to choose if market is trending/ranging.
Two - BBflat
This indior provides the EA an information on the current volatility as it attempts excessive behaviours to go into a trade.
3- ADX
The EA uses this one as a sign filter.
4- ATR
The intent of incorporating ATR inside this EA is to let adaptative behavior according to market conditions. It affects, as an Example, Trailing Amounts and Grid Activation Levels.
5- Pivot Steam
The interpretation of the is de-activated for now.
6- Iris Index (integrated in the EA)
This indior processes M5 info and defines whenever there's an interesting action based on price action.
The way it works
Computing all these info gives this EA the ability to screen dozens of different patterns in order to obtain an edge.
Once it spotted among them, a countdown is set to get a duration defined by the user in the configurations. In this time, the EA waits to get a spike in volatility before launching an order.
If the trade goes against us, a grid system is initialized to manage the recovery.
Backtests
I backtested SyFirst_Grid using TickStory and attained a 99.90% quality . I prefer to not provide you with the results and let you discover the energy behind it on your own.
All I can say is it's pretty impressive!
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