DislikedCould be a bug in the wellxAMA as have replaced it in the code with "AMA optimized" indicator. Have checked and they seem to give exactly the same results.
Have not done any optimization and the results of the graph are for TF = 5M, SL=20, periodAMA=11 and no trailing stop. Have also a BEP=15 and BEProfit=5.
Notice that it gives away a lot of pips when there is a large move up/down. Perhaps the JumpingStop might be a solution!!Ignored
but I don't understand why there is a TP and a SL.
It's simple : 1st buy dot --> BUY and as soon as appears a sell dot --> close BUY and SELL....and as soon as appears a buy dot --> close SELL and BUY again....etc etc..
no need SL and TP
when we understand the work of the indicator, the EA is easy to code
the Steve's EA is too complex
in manual trading 1M , this indy is awesome