Search:

EA from this post was updated to the second version (attached).

This is backtest of EUR/USD H1 for 1 month:

28783

and USD/CAD for 1 week:

28782

Chinese traders joking ... I found the thread in Chinese language with backtesting results and with some comments.

----------------

"To interpret this graph - take a look at the test history...

Seems - the other "grail" ... the author is asking to find the error in his EA. Means - "this is a crappy EA that converts 900 USD into 4.000.000 USD in about 5 years in testing. EURUSD 5 min....

It did not open for GBPJPY and GBPUSD, but it is fine for EURUSD.

So, I am waiting for fixing (I asked them on mql5 forum to fix).

This EA for MT4 (attached) was created as a joke by programmers from mql5 portal. They told that EA will be profitable in backtesting for any timeframe.
And they uploaded the following backtesting...

You can use Stochastic or RSI with overbought/oversold levels for example.
Or the following indicators:


BBands_Stop Histo_v3.0 600+ indicator is on this post.
AdaptiveParabolic...

This is in inverted commas: One More "Holy Grail"

Yes (I used Alpari and it is 5-digit broker).

Updated statement:

21053

FarhadCrab1 - expert for MetaTrader 4

This is interesting but very dangerous EA.

Just attach this EA to GBP/JPY chart, M1 timeframe, change lot size from 0.1 to 0.01 (other settings are...

Open bar is continuing painting, and close bar (or previous bar) should not repaint ... if I understand your corrently sorry ...

Hi gverhey3,

As I see - this indicator is as ex4 file (compiled file; not a source code).
Coders can modify source code (mq4) only sorry

Forex "Holy Grail" Syndrome

10918

Do you suffer from Forex “Holy Grail” syndrome?

If you do there is no need to panic but early diagnosis is critical! This is a very common disorder that...

The Holy Grail Trading System - read this post.

if we prohibit some topic so it does not mean that it will stop exiting in the world.

I think the best way is to educate the traders.

I may propose the following new name of this thread:...

This is the term - "Holy Grail in forex". It is well-known term, and such the threads exist on many forex forums.

Some people believe in magical indicator/EA which can produce the profit with no...

yes but ... it looks very perfect

To say seriously - We can use it as a filter for example? or for scalping on "open bar way trading"

There are two articles related to Holy Grail in trading :


The Holy Grail of Trading, and
Risk Profile

The author (Kenneth Mann) understands Holy Grail in trading as Money Management,...

The meaning of some of those indicators is the following:


many traders are looking for top and bottom (to sell on the top and to buy on the bottom)
other traders are talking that bottom does...

Many forex forums are having such the threads "I am rich - I found Holy Grail" ... so it was the idea to place some "the grails" on this thread.

By the way, some traders are using those indicators...

It is an allegory with Holy Grail - read in wikipedia here - people were trying to find this Grail to be rich and so on. It is same here - indicators which are looking on the chart on the same way as...

I think - it is same to use as Bollinger Bands for example :


Bollinger bands - How To Master Bollinger Bands
Bollinger Bands and Forex
How to Trade Bollinger Bands - Stocks, Futures, Forex...

The next one is super-signals indicator.

This indicator was originally created by Nick Beluck as his coding joke (super-signals) but this indicator became a popular one with some next improvements...

Holy Grail in financial market looks like that :

5144