EOD -1 day hold (EOD -1 day hold) | Forex indicator download- MT4/MT5 resources

Hi

I'm running an eod system atm and have been devoting as much time as possible to finding a new eod system, especially since my time is very limited

I came across an indicator for MT4 and sent a message to the original programmer asking some questions I needed to know. I have combined this indicator with a trend filter that I use on my own eod system.

The rules are simple

Go long or short on the close based on the signal The trade ends with the closing candle of the next day

We only reserve it for 24 hours.

No movement stops, no tp or sl calculations required

I just manually checked the entire year of eurusd..so this is from December 1st of last year to present

this is what i found

Signal 40
Loser 11
Winners 29
Hit rate 72.5%
Longest losing streak 3
The longest winning streak is 5 games, with an average loss of 17 points per losing trade.
Average points won per win trde 86
Risk to reward ratio 5:1
Total points lost 196
Total points won 2499

Net profit 2,303

Once I get more information on the metric, and I'm happy I can code the filter in as well, I'll post all the details here

Paulus