KositBablo10: An Insight into an EA for MetaTrader 5

Today, we're diving into the world of automated trading with a look at KositBablo10, an Expert Advisor (EA) that made waves in the Automated Trading Championship of 2012.

Testing Results of KositBablo10

1. kositbablo_10.ex5 – This version operates on a 1-minute OHLC (Open, High, Low, Close) basis:



Fig. 1. Testing results of the kositbablo_10 Expert Advisor for 2012

2. kositbablo10-1.ex5 – A slight variation of the original, featuring position reversals and a lower drawdown, also on a 1-minute OHLC:



Fig. 2. Testing results of the kositbablo_10-1 Expert Advisor for 2012

While these variants are interesting to analyze, I feel they could use some fine-tuning. Adding more control parameters might enhance their performance, but to be honest, they don't pique my interest significantly as they stand.