Hello to everyone.
Today the NFP gave a grate impulse to ELM and I was here (well I'm still watching it working on many crosses) and I noticed something strange: why this EA closes any trade after 12 minutes?
Second, why, as I just saw in real time, ELM EA even if gains many pips, it doesn't use any kind of trailing?
In other words, it seems the strategy is quite simple: open under the impulse, wait 12 minutes and then close any trade, in gain or in loss.
Here you are the lines I am talking about:
39231403 2022.10.07 15:30:03 sell 12.13 eurusd 0.97862 0.98562 0.97162 2022.10.07 15:42:04 0.97563 0.00 0.00 0.00 3 717.46
39231527 2022.10.07 15:30:06 buy 11.96 gbpusd 1.11674 1.10939 1.12339 2022.10.07 15:42:07 1.11310 0.00 0.00 0.00 -4 462.96
39231691 2022.10.07 15:30:13 sell 15.40 usdcad 1.37548 1.38248 1.36848 2022.10.07 15:42:14 1.37489 0.00 0.00 0.00 677.40
39232119 2022.10.07 15:30:34 buy 10.31 nzdusd 0.56204 0.55502 0.56902 2022.10.07 15:42:35 0.56265 0.00 0.00 0.00 644.39
39232120 2022.10.07 15:30:34 buy 14.97 audjpy 92.687 91.969 93.369 2022.10.07 15:42:35 92.790 0.00 0.00 0.00 1 088.52
39232121 2022.10.07 15:30:34 buy 10.40 audusd 0.63877 0.63159 0.64559 2022.10.07 15:42:35 0.63936 0.00 0.00 0.00 628.70
39232904 2022.10.07 15:31:28 buy 13.58 eurcad 1.34106 1.33417 1.34817 2022.10.07 15:43:31 1.34107 0.00 0.00 0.00 10.13
39233685 2022.10.07 15:32:46 buy 12.64 gbpjpy 161.690 160.989 162.389 2022.10.07 15:44:47 161.582 0.00 0.00 0.00 -964.03
39233018 2022.10.07 15:31:38 sell 14.51 eurjpy 141.647 142.347 140.947 2022.10.07 15:44:54 141.603 0.00 0.00 0.00 450.87
39233740 2022.10.07 15:32:53 buy 13.49 euraud 1.52759 1.52059 1.53459 2022.10.07 15:44:58 1.52714 0.00 0.00 0.00 -397.51
39235465 2022.10.07 15:37:34 sell 11.86 gbpaud 1.74307 1.75006 1.73606 2022.10.07 15:49:35 1.74217 0.00 0.00 0.00 698.99
39236467 2022.10.07 15:42:26 buy 8.36 gbpusd 1.11346 1.10640 1.12040 2022.10.07 15:54:27 1.11087 0.00 0.00 0.00 -2 223.72
/achab