Oh, I see now... Well, this does look like a nice strategy. Though I can't say I completely understand how exactly do you define movement while it's still in action. With that being said, I rarely understand why and how algos work at all, so no big surprise there
That's one thing I cannot disclose - how exactly my algo detects the ongoing strong price movement. Yet without going into much detail, it's clear the EA measures and compares the price change over a period of time.
That being said, thank you for a constructive conversation. That's exactly what I appreciate in my journal.
I do realize some (hopefully, rather few) other forum members might grow increasingly psychotic over time as the algo continues to profit contrary to their own trading experience and, hence, expectations. They might go as far as scream scam (even though nothing is offered to them here), resort to personal attacks, beg for the code, offer money for it, or demonstrate their financial desperation in a variety of other humiliating ways. Three things they don't understand:
1. Forex (and speculative trading overall) is the last place a financially desperate person should find themselves in.
2. If one has a truly profitable algo, they don't need to sell it retail. I might sell it privately to some fund or find a way to make it publicly available for free but never mass-sell it retail online. Only loser bots get sold that way as there can be no other use of them.
3. People who trade with their own money owe others nothing.
It is sad that slick salesmen present trading as a carousel of repetitive markets where anyone can get rich beyond their wildest dreams in no time. Many fall for their traps, get ripped off, dig deeper, and end up in places like this forum. For a lack of better things to do, they engage in lengthy and pointless verbal arguments which flood the forums in place of constructive conversations.
For one, I don't bother attacking others' trading approaches. I can say it won't work IMO but would never bother going into great lengths on the matter over weeks and pages despite the actually posted live results. Successful traders are busy trading, not quarreling. If they want to document their success and/or establish a track record, they start a journal. Others may follow and comment but what's the point of attacking a diary?
