The Watukushay EA Project – Tracing the Development of a Trading System

After 2 years of having this blog and listening to the requests and the needs of my customers, fellow traders and newsletter subscribers I decided to embark myself in a totally new EA development project. However, this EA will not be like all the other expert advisors I have occasionally developed for the past few years on this blog. This EA will be different.

Many of you may be familiarized with the god’s gift ATR expert advisor which has shown extremely good reliability and stability against several market conditions. Trading this system for 7 months live now and trying to share it’s use and trading techniques with the people who purchase my ebook or join my newsletter has actually made me aware of several important needs people have that are not being fulfilled. These needs are of course related with system development and is what I want to call, “the gap”.

This gap is what makes it hard for a novice trader to become profitable in automated trading and is something I have tried to tackle for the past 2 years. Nonetheless, I realized a few days ago that I was missing something very important that could finally build a bridge across this gap and allow fellow novice traders to walk a road towards equity building for my fellow traders.

This is the reason why I have started the Watukushay EA project. I am actually developing a trading system from scratch, from watching the market to final product documenting every step along the process. My idea with this is that any trader will have an idea of what it takes to design, use and optimize a trading system to proftiably trade the forex market. I will go over everything starting from the mathematical meaning of the indicators, their pairing and how the system is programmed, then moved towards testing, optimized, live tested, how expectations change, how the system must be changed along the process, etc.

The Watukushay EA project will make an EA similar or better than the god’s gift ATR system performance wise (hopefully) and it will bring traders the unvaluable knowledge of how to actually build a system that can trade consistenly in the long run. For those of you wondering why I used such a strange word instead of “forex railgun”, “forex bomb”, “forex ultraowningrobot” or some other senseless hyped bullocks, well, the reason is the meaning of the word Watukushay which is actually a word in Quechua (the language used by the Inca and related tribes in South America). The meaning of Watukushay is better translatated as a verb : to care for. That is precisely why I am making this expert advisor, not to amass great fortune but to help my fellow trades because I care for , I care how they do in the forex market.

The results of the whole project will be included on my ebook as a section meant to be an example of actual trading system development, testing, evaluation, optimization, etc. The final EA will also be tested as part of my weekly newsletter. I am very excited about this project and I hope I can complete it before December. (Make sure you leave your comments with your opinions about the project !)

If you would like to learn more about the god’s gift ATR and how it can be traded as a stable profitable trading system 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 this article !

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One Response to “The Watukushay EA Project – Tracing the Development of a Trading System”

  1. Winter says:

    Hi Daniel,

    A very innovative approach and intention. Looking forward and excited about your new system.


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