A Contestant’s Trend-Following Forex EA Using Prices and Tick Volume
Summary
In this interview, Automated Trading Championship participant Egidijus Bockus describes a simple trend-following Expert Advisor built for the contest. It uses open and close prices and volume rather than technical indicators, and the participant says this made the program quick to test and optimize. He discusses using hourly data and volume analysis, while noting uncertainty about how well forex tick volume corresponds to traded volume across platforms.
The EA took only long positions during the period discussed and used large entries under contest-specific maximum-risk settings. The interview reports a strong contest ranking and profit at that time, but the participant also characterizes the system as unstable and says he did not use it on a real account. These are personal observations from one contest run, not evidence of durable performance. The discussion highlights the difference between optimizing for a competition and building a strategy suitable for live trading.
Key ideas
- The contest EA followed trends using open and close prices alongside volume data.
- The participant avoided indicators in this contest system, though he used indicators in other strategies.
- He described hourly volume behavior as useful during optimization but questioned how transferable it was across platforms.
- Contest settings used high risk and large entries, and the EA took only long trades during the period discussed.
- The participant considered the algorithm too unstable for real-account use at the time of the interview.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.