Welcome to The EW Tradings EA!!

My name is Murat Yazici. I have B.Sc. Statistics and M.Sc. Quantitative Methods degrees. I have several scientific papers about statistical modelling. I am also editor and journal reviewer at some journals around the world such as USA, Canada, India etc.

HONORABLE EDITOR
- Canadian Journal of Biomedical Research and Technology (CJBRT)– Toronto, CANADA

EDITORIAL BOARD MEMBER
- World Journal of Engineering Research and Technology (WJERT)
- Biomedical Research Network, LLC– New York, USA

JOURNAL REVIEWER
- Research in Medical & Engineering Sciences – New York, USA
- Biostatistics and Biometrics Open Access Journal (BBOAJ)– Ontario, Canada
- Open Science Journal of Statistics and Application– New York, USA
- Mathematical and Statistical Sciences– New York, USA
- International Journal of Computational and Data Sciences– New York, USA
- International Journal of Computers & Technology (IJCT) – India

I have developed an algorithm to determine the trend. I took advantages of my fuzzy statistical model developed by me. And, I created it as an Expert Advisor(EA) called The EW Tradings EA. It had started its own journey as an Artificial Intelligence (AI) project. It is an EA running on GBPJPY, now.

What is The EW Tradings EA?
- It is based on the trend style trading,
- There is a fuzzy statistical model on its background,
- It works on GBPJPY currency,
- It uses an initial take profit point as 5 pips,
- It uses an initial stop loss point as 30 pips,
- Max. losses can be 1.5% for per week,

Why does this EA use 30 pips?

This EA is designed to open a trade at the best point in a trend. I think that the best trade is the short term trade. In this EA, it aims to take profit, quickly. However, the pairs have a correction, generally. So, The Pearson EA may take profits more than a short time, some times. This EA uses 30 pips because of the corrections in Wave 2, Wave 4, and Wave B on the Elliott Wave Theory.

In the literature, we can see that traders should use 1/3 as the Reward/Risk Ratio. This ratio is suitable for long term successful tradings. This EA uses 1/6, Reward/Risk Ratio. The reward is 5 pips. And, The Risk is 30 pips. If your success rate is high, 1/6, Reward/Risk Ratio can be useful on your tradings.

What is the bad scenario?

This EA stops to trade if it touches 1.5% loss for per week. And, it will start to trade at the beginniing of next week.

I have started to save weekly statistics. I prefer to work with weekly instead of monthly. If you have any current and/or further question, you can reach me via Telegram or here.

Telegram: @MuratYAZICI

Happy tradings!!

Murat Y.

asiscrus.muratyazici@