I haven't update this lovely blog for about 2 weeks... Since my daily routine and I haven't got any fresh idea about Automated Forex Trading. When opened my PC, I found one of my favorite EA. It is Dolly Expert Advisor. Actually, I made this EA last year when one of my best friend asked me to make an automated robot trading for this famous strategy.
Dolly Strategy is made by Valasholic, a trader from Jakarta, Indonesia. The basic idea of this strategy is breakout system. Then some traders tried to make this strategy more profitable and reliable at Forex-TSD.com. If you want to know further about this Dolly strategy, the explanation has written well at fxneo.com .
So, I will move to the EA itself. This EA uses breakout parameters just like the original parameter of Dolly indicator. If you don't know about how to configure Dolly indicator, you can read at here. This EA is the early version of Dolly Strategy. It just uses breakout function based at time trading and added with additional indicator, BBStop. The additional indicator can be shut down by change the "UseBBStop" parameter into false. By the way, we can also change the Time Frame of BBStop indicator by changing the value of "PeriodInd" into Time Frame that we want. For example, if we want EA to look at the value of BBStop at 4Hours, then change the value of "PeriodInd" = 240. Also, this EA is set to open once a day if its position gets TakeProfit value and can be opened another position if the first position get loss, the maximum number of opened position in the same day is 2.
Final words, I decide to share this EA for collecting input about how to make this EA more secure and also more profitable LOL . Just give your idea by posting through comments and I will decide whether it shall be implemented at the EA.
Download the Strategy Tester Statement : here
Download the EA : here
Labels: open project
I'm contacting you in regards to providing more regular readers to your blog.
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Kind Regards,
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The interest rate movements generally take place during the programmed meetings by the central banks like BOE, FED, ECB, and BOJ.
An increase in the Interest Rates is always considered as a positive factor for a particular country as compared to the decreased in Interest Rate
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I am a trader too and have used this and i am really impressed by the results. I got it from here.
http://www.metatraderprogrammer.com
Regards,
William Roberts
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Thanks
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I was worried about all the Metatrader Malware out there at the moment as I heard you can get them from downloading EA's from the web.
While I don't download decompiled EA's the last thing I want is some hacker getting my account details and draining my forex account as I have built it up into quite a bit of $$$. That's why I purchased MT4 protect so it can stop my computer from getting attacked. I think the price is well worth the protection I will receive
I bought a copy at [url=http://www.mt4protect.com/] www.mt4protect.com [/url] via paypal and my product code was sent to me within 4 hours.
I installed it and its awesome! It works in the system tray and scans my computer in real time to detect any attacks.
The EA optimization tool is so great - you can allocate more memory to your MT4 terminal so your trades get executed faster! There are also heaps of registry tweaks and cleanup features that have turbocharged up my Windows XP PC.
With malware and virus attacks hitting Forex traders all the time now I definitely think that MT4 Protect is a worthwhile investment.