Inputs of the EA:
- p: Period for the DeMark oscillator, optimized between 3 and 100 (step 1).
- tp: Take Profit value measured in pips, optimized from 10 to 100 (step 1).
- sl: Stop Loss value in pips, also optimized from 10 to 100 (step 1).
- lots: Volume for the first order and subsequent orders after a winning trade. This parameter remains unoptimized.
- mn: Magic number, which is not optimized.
- losseslimit: This sets the cap on consecutive losing trades. If it’s hit, the EA halts trading and sends you an email alert.
- fastoptimize: Enables fast optimization without capital management. Note that results from fast optimization can differ from standard tests.
The EA operates only on newly formed bars and open prices, so there's no need for tick-by-tick optimization.
For a more detailed explanation of how this advisor works, check out this link: http://bigforex.biz/load/2-1-0-170
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