Forex Blog

First-hand Forex trading experience and information about foreign exchange market that will be useful to traders


New Life of Sample Expert Advisor

March 25, 2008 by

Today’s update to the MetaTrader expert advisors on my site isn’t very original. For many people MACD Sample expert advisor was the first EA that they tried on the MT4 strategy tester. It’s a well known sample advisor from MetaQuotes, designed to show the basic Forex strategy implementation for the MQL. The one that is now freely available on my site differs slightly from the original version. I’ve decided to make some enhancements and optimized it for GBP/USD pair and H4 (4 hour) timeframe.

In a one year backward test it made about 44% of the initial deposit with 0.3 standard lot position size. The drawdown also wasn’t small, but 10% is quite good, in my opinion. Download this expert advisor and try it for yourself. If you get some interesting results with it on forward tests, don’t hesitate to contact me.

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