!! Merry Christmas !!
As you know, today I am going to release the Watukushay FE expert advisor which is my personal attempt to code a freely available long term profitable system anyone, anywhere can get their hands on and analyze, trade and use for their own long term profitability goals. As I explained before, the idea is to create a free access, supported expert advisor which can be traded on the metatrader 4 platform and achieve profits in the long term.
In order to achieve this I decided to use an RSI based expert advisor with ATR adjusted money management which can adapt to changes in market conditions, preserve capital on unfavorable markets, and generate decent returns under the adequate market conditions. This EA has been programmed with my best intentions in mind with the hope that at least a few people will have the confidence needed to trade this system and achieve profits in the long run. The system can achieve realistic profits with realistic risks.
As part of my support for this system I will start to trade it from tomorrow on a live account which will be added to my public myfxbook portfolio. I have also made the expert’s backtests available and the expert file as an executable (ex4). Anyone of you who wants the source is free to leave a comment with an email (please explain what you would like to do or implement on the source for the record) and I will send you the expert’s code.
Where can you download this piece of code ? I have created a website at http://watukushayfe.blogspot.com in which you can find a lot of material describing the expert’s logic and trading as well as a link to the FTP where you can download the expert plus all the testing statements. This EA is my Christmas gift to all my fellow traders, totally free and in the process of being traded live by me for at least the next 2 years. This EA will also be ported to mql5 once the platform goes out of beta testing.
If you would like to learn more about what the Watukushay project is about as well as how the Watukushay experts were designed, tested and programmed please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !