الأربعاء، 6 أبريل 2011

Snow Roller - An Avalanche of Profits

Welcome to the Snow Roller automated currency trading system for forex. Snow Roller is designed as a fully automated trading strategy and uses money management to close a basket of fx symbols based on P&L criteria that you enter. Your results depend on the currencies you choose, the timeframe, and the settings (basket profit/loss, symbol profit/loss, position profit/loss). I have provided the source code, your role is to provide the test results, whether good, bad or ugly.

This system is an expansion on 7Bit's "snowballs and the anti-grid" concept. You can find 7Bit's thread here. This basic anti-grid concept has been developed into a fully automated currency trading strategy. MQ4 (MetaTrader) Source code for Snow Roller is available. (see link below)

Basket_Stats: I have created an additional indicator tool to be used with the Snow Roller EA. It will tell you which pairs in your basket are adding to performance, and which pairs are costing you money. You can find the indicator Basket Stats at the link below.

As with all new strategies - please don't trade this strategy with real money until you have fully tested it for several months. I'm making this EA available to encourage testing and feedback / collaboration. I believe this EA has a sound fundamental basis because it's based on the same key concept as the snowball EA but only time and testing will tell how well this formulation performs. If the selected markets trend, Snow Roller should rack up the pips! Testing starts now.

Pairs being tested: EURUSD, USDJPY, GBPUSD, USDCHF, AUDUSD, EURJPY, EURGBP, AUDJPY, CHFJPY, GBPCHF, EURCHF
Timeframe: 5 Minute. Settings - OOTB
Pairs that didn't test well: USDCAD, GBPJPY (YMMV)

For 1 minute the pairs that have tested well: EURJPY, CHFJPY, USDCHF, EURUSD, EURCHF, EURGBP. and GBPUSD is on the bubble.

Let the fun begin!

Download the source code here. (please show your appreciation by clicking the ads)


below are some useful scripts:

For those of you using MIG or another br0ker that uses 0.1 minimum lot sizing, I attached my MIG settings file below. Same as the other settings, just changed BalancePerlotsize = 5000.0. Copy file into /experts/presets/ directory and remove .txt from the end of the file.

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