Ladies & Gentleman the title of this thread has obviously a marketing purpose and also have my strong belief that is going to be the case. This EA named Daily Waves is the conglomerate of my trading skills, probability knowledge and my programming work, its not my unique work but its my so far only public one.
There are two reason why im releasing this EA, one its economical of course, but the other one is that something inside me push towards the public release because technically I could have access to "vast" sums of money to put it live.
Telegram Group Availabel: https://t.me/DailyWaves
What is Daily Waves EA?
Daily Waves EA is designed to make traders live easy, its attached only to EURUSD in Daily timeframes (but will make calculations based on lower timeframes), it will open/close most of the positions between Tokio and early European Sessions, all risk is defined by the user in the input "Daily Risk" that is the value that the EA will use to set the maximun risk to the sum of position opened in a trading day (this value is aproximate so if you put 2, it will range from 1.5 to 2.6).
Daily Waves EA adapts perfect to the new ESMA regulations as his positions have very big stops losses and take profits, so less leverage is needed ( I would explain more on this in the future ).
Daily Waves EA is a long term EA with an average of 5 days/month that positions are opened, be sure to download the DEMO and perform multiple backtesting to get a catch on how this EA works.
Presenting Historical Strategy Tester Results:
I would like to clarify some points before going into this:
1) Daily Waves EA is not curve fitted, not has martingale, or any other type of scams that are all around internet.
2) Daily Waves EA has only a bit of optimization on it regarding distance of TP and SL, so I expect results to be probably less good than presented.
3) Daily Waves EA has a "knowledge of the market" behind is creating, was created knowing exactly what I was going to code.
4) Daily Waves EA use data from the broker, so results can vary from broker to broker depending on the data, I will suggest try various brokers, but avoid
small broker, go for the big ones where the data I think its better, I coded the EA and backtest it on Darwinex (Live Servers).
5) If you use TickData suites for this EA I will have to clarify some points:
- 99.9% are usefull for low times frames trading between the bars or to EAs that use a lot of breakouts, and in both cases with low SLs and TPs. Thats why TickData Suites are good to dismantle all the "scalp" EAs that show very good results but are horrible at real live trading, Daily Waves is the exact opposite of those EA (very big SL and TP)
- The best way to test this EA is "tick by tick" with the data of your broker, if you have a TickDataSuite that have your broker data at 99.9% go for it, the results will be the same as normal "tick by tick".
- TickDataSuites like TickStory that offer Dukascopy Data are not valid representation of the function of this EA, and thats because they come with a "hidden Sunday Daily candle" that disrupt a lot the algorithms of Daily Waves, so take this into account.
I have attached the complete .pdf from Quant Analizer of the "2% Daily Risk" at the end of this post.
Also if you are the "High Risk" type of guy addad a "15% Daily Risk" of the last 3 years also:
Overall Strategy for next Months
After finishing the EA (Version 1.3) this month, the first part of the project is complete, this month will include starting different live signals with different risks, and let the pubic get this EA for less than 11$/month (yearly rent), while keeping the price unlikely high 30000$ if a risky buyer wants to "bet" and buy it (price will not get lower sorry).
While analizying the current statistics of renting of Daily Waves, its kinda interesting that the state of Israel is completly ahead of the race with 15! I dont know if that is normal hahaha.
I will answer any questions you have in this thread or in private, please stay in healthy and logical conversations.
One Last Word
My only wish is this EA brings a better future for us all and goes to the right people.
God Bless all.
BeLikeWater
There are two reason why im releasing this EA, one its economical of course, but the other one is that something inside me push towards the public release because technically I could have access to "vast" sums of money to put it live.
Telegram Group Availabel: https://t.me/DailyWaves
What is Daily Waves EA?
Daily Waves EA is designed to make traders live easy, its attached only to EURUSD in Daily timeframes (but will make calculations based on lower timeframes), it will open/close most of the positions between Tokio and early European Sessions, all risk is defined by the user in the input "Daily Risk" that is the value that the EA will use to set the maximun risk to the sum of position opened in a trading day (this value is aproximate so if you put 2, it will range from 1.5 to 2.6).
Daily Waves EA adapts perfect to the new ESMA regulations as his positions have very big stops losses and take profits, so less leverage is needed ( I would explain more on this in the future ).
Daily Waves EA is a long term EA with an average of 5 days/month that positions are opened, be sure to download the DEMO and perform multiple backtesting to get a catch on how this EA works.
Presenting Historical Strategy Tester Results:
I would like to clarify some points before going into this:
1) Daily Waves EA is not curve fitted, not has martingale, or any other type of scams that are all around internet.
2) Daily Waves EA has only a bit of optimization on it regarding distance of TP and SL, so I expect results to be probably less good than presented.
3) Daily Waves EA has a "knowledge of the market" behind is creating, was created knowing exactly what I was going to code.
4) Daily Waves EA use data from the broker, so results can vary from broker to broker depending on the data, I will suggest try various brokers, but avoid
small broker, go for the big ones where the data I think its better, I coded the EA and backtest it on Darwinex (Live Servers).
5) If you use TickData suites for this EA I will have to clarify some points:
- 99.9% are usefull for low times frames trading between the bars or to EAs that use a lot of breakouts, and in both cases with low SLs and TPs. Thats why TickData Suites are good to dismantle all the "scalp" EAs that show very good results but are horrible at real live trading, Daily Waves is the exact opposite of those EA (very big SL and TP)
- The best way to test this EA is "tick by tick" with the data of your broker, if you have a TickDataSuite that have your broker data at 99.9% go for it, the results will be the same as normal "tick by tick".
- TickDataSuites like TickStory that offer Dukascopy Data are not valid representation of the function of this EA, and thats because they come with a "hidden Sunday Daily candle" that disrupt a lot the algorithms of Daily Waves, so take this into account.
I have attached the complete .pdf from Quant Analizer of the "2% Daily Risk" at the end of this post.
Also if you are the "High Risk" type of guy addad a "15% Daily Risk" of the last 3 years also:
Overall Strategy for next Months
After finishing the EA (Version 1.3) this month, the first part of the project is complete, this month will include starting different live signals with different risks, and let the pubic get this EA for less than 11$/month (yearly rent), while keeping the price unlikely high 30000$ if a risky buyer wants to "bet" and buy it (price will not get lower sorry).
While analizying the current statistics of renting of Daily Waves, its kinda interesting that the state of Israel is completly ahead of the race with 15! I dont know if that is normal hahaha.
I will answer any questions you have in this thread or in private, please stay in healthy and logical conversations.
One Last Word
My only wish is this EA brings a better future for us all and goes to the right people.
God Bless all.
BeLikeWater
Attached File(s)
DailyWaves_v13.pdf
1.0 MB
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313 downloads
Greetings, BeLikewater