Trade the "Flow" | Foreign exchange EA download - MT4/MT5 resources

I'm Daemon, I've been a trader since 2009 and I've been passionate about it since then.
While I was really terrible at it in the beginning I got better and worked full time as a fund manager from 2012 to 2014. I didn't really enjoy it as it became serious and stressful, so I quit and started another career path which I have enjoyed so far.
I was very bad as a manual trader and it was only when I started trading with EAs that I got better, here are some of my experiences from the past 10 years of trading

1. All EAs can make money, but it's not the Holy Grail. You need to manage it and regularly adjust your settings to suit the market.
2. Bad things happen, that's why you need to manage your withdrawals and know when you need to cut your losses
3. Before you start trading, you need to know everything about your strategy, it is like your business plan, your compass, telling you what your potential profits are and when your EA fails and you need to stop trading and readjust your settings

I call this EA and trading method "Flow" and it is a combination of using a simple core strategy of using Bollinger Bands for entries, Martingales for sub-trades and then Fibonacci for profit.

The logic of this strategy is that the market will retrace at least 20% or 30% after moving certain points and we will enter the trade at X intervals so that when it retraces X% it will close the position and take a profit.

I have been using this EA to make steady profits for some time now and I wanted to share it here to achieve some goals

1. First I want to give back to the people who have helped me at Forex Factory since 2010
2. TEAM work together to achieve more and I hope this strategy improves and gets better with this post because I know there are a lot of people smarter than me
3. I hope more people can make sustained profits from this strategy

There is no right or wrong in this thread, I just believe in making it better.

, instead of posting something negative here like an immature person, you can politely move on to other threads.

, this is because you don't have a good way to handle drawdowns and losses beyond your fair share.

I've developed my own consistency with this and I really don't need people complaining about this strategy to me who haven't traded in a few years. Furthermore, this strategy is free and open to everyone, I will not sell it to anyone and will definitely not make any profit from sharing this strategy or EA.

I won't go into too much detail on how to use it, I hope those who try this EA already have some knowledge:

1. Have EA trading experience
2. Know how to optimize
3. Learn how to conduct forward testing

When optimizing for me, I only consider results with a return of more than 200% to 300% in one year. I will only choose DRAWDOWN and no more than 30%.

The reason is to try to get over 30% profit as quickly as possible before the retracement exceeds 30% and I will change to new optimization settings and start trading again.

For example, there are several situations:

1. Only trade for 1-2 months, only make 10% profit, then there is a 30% drawdown, which makes the math easier, I will close all trades, take a loss of about 20%, and then I will start over with new setup
2. Trades may achieve 50% profit for 5-6 months and then retrace 30%. Trades with profits below 20% will be stopped and restarted with another optimization setting.
3. After one year of trading, regardless of whether you have reached your maximum drawdown target, you will still be recommended to change to new optimization settings based on new market trends to achieve better profits.

* In summary, it is important to have a setup that provides greater than 300% and less than 30% drawdown before starting, if forward testing experiences more than 30% drawdown, then this setup will be redundant and you will need to use or optimize other settings.

Below you should see:

1. EA traffic
2. The backtest I did from 2018.02.02 to 2019.02.28
3. Forward testing from March 1, 2019 to present
4. Some of my recent live results

This strategy has worked pretty well for me, but I also believe there is no best, only better.
Hopefully we can get better with better concepts and development as the times progress. If anyone wants to view live trading, you can view it from the trading browser

I wish everyone involved in trading continued profits.

Best regards daemon