michaellobry replies to: Statistics combined with system. Profitable? What do you think

Below parameters are not related to the duration. Below parameters are conditions for the entry.

– add parameter: [on/off]only if previous candle is >200 percentage bigger than previous [4] candles
– add parameter: [200] percentage
– add parameter: [4] candles

– add parameter: [on/off]only if previous candle lower wick >3 pips
– add parameter: [3] pips

– add parameter: [on/off]only if previous candle lower wick is >150% bigger than upper wick
– add parameter: [150] percentage

Conclusion:
So it means: if this parameter is turned on “only if previous candle lower wick >3 pips”
then the EA only opens a trade at candle close if previous candle wick is bigger than 3 pips. Every trade entry must be bigger than 3 pips wick, otherwise EA will not open the trade and waits for a new ‘candle close’ until there is a candle wick bigger than 3 pips. So the EA does not open orders every hour, because not all wicks are bigger than 3 pips.

The EA will only open an order if:
– the candle wick is bigger than 3 pips.

Same with 150 percentage and 200 times bigger.
The EA will only open an order if:
previous candle is >200% bigger than previous [4] candles

The EA will only open an order if:
if previous candle lower wick is >150% bigger than upper wick

I will test the uploaded EA.

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