This feature will close all trades ( except first one ) that stay in negative zone for more than 36 hours in this example, .Next update will also include additional features for the scalping module and the back test by user fix, so you will be able to back test on your own and come up with what is best for your broker platform and your account size. By keeping balance closer to equity fewer trades will be missed and those unprofitable ones are dumped away with minimum suffering. The graph below shows 24 days of successful trading and the results are similar on other time slots.

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The above test settings are exactly with settings we provided you on Monday, which includes Monday and Tuesday trades only. The only difference is that in the test we have enabled loss pool which closes losing orders after 144 hours of being in negative zone. that is why you see balance decrease above. Also note that the above was done on 1k account and it worked on $100 account but broker must allow micro lots.

Soon we will determine the right hours for loss pool and it will be available in next updates. and I can tell it should not be less than 200 in hour field because it should be longer than the average trend duration of currency so it acts when market had a reasonable chance to come back.  Also we are adding 2 other features to the arsenal, periodical closure of all profit trades or all losing trades. the latter is helpful when there are too many small trades left open after profit pool executed, which can prevent EA from making new trades as max trade value is reached. The template provided with the performance at any point in 2010 should look similar to the graph shown below. Since loss pool is disabled at this time. It might not be necessary !

Note in the graph below that the account started with 1k and traded for only 18 days ( this alone took 2 hours to test on 6 GB ram machine)

Also note the highlighted areas: it shows clearly that equity was alway above original level. This is great news. But never count on back tests alone. Forward testing on demo accounts is what we would like you to do, You can use for this purpose free of charge for unlimited time and unlimited number of accounts and brokers.

In previous versions of Forexbody EA we did great at many periods of times, but many got hit in August and September this year and even last week. We started to panic whenever a trade lasted for few hours. With V4 we do not have to worry anymore about single trades. as there are many small ones instead. Strong and fast market moves may well work for your advantage now as market just might close all your losing trades without giving a chance to let you get stuck with new ones from the other side !

So if a Monday trade is risky we just might assign a stop loss to it, or move it to another slot, cancel it or apply a tight trailing stop trigger on it. The possibilities are endless with the new version.

Many of us pay more than normal attention to the market action on Fridays, why? because it is the last day and we do care where the price will freeze for the weekend. So many of you may have noticed that during the last 2 hours of every Friday EURUSD seems to go up almost every Friday for the last couple of years. So by using one of Friday trades in the New version, you can determine the best time for a successful trade every Friday, and use the other options for that trade to insure that you win that trade every time.

What if I told you that there are 50 other times every week you can spot for successful trades?

Even bad signals can turn to winners as many options are available to you per each trade. for bad signals all we have to do is settle for little profit for that trade. what is more likely, hitting 5 pips of profit or going 10 cents against you?

With the New Forexbody Expert advisor you are in control of everything, and it is like having about 100 expert advisors working on your MT4. but unlike combining other EAs on multiple charts and magic numbers, where all you get is losses and platform crashes, with Forexbody Money Printer V4 EA you have 100 EAs working together in perfect harmony.

Lets see what happens if we only do this single Friday trade we mentioned above since the beginning of 2010 till todays date marked below: 1 trade every week on Friday. and will use this case study to discuss 1 Forexbody V4 trade module options :
1. Very Simple Settings for this trade: 10 K account
Back to our Friday trade case study, Simple settings changed to advanced Forexbody settings as shown below. The results are nothing short of stunning, It sounds too good to be true, but I enclosed the entire tester report and you can access it via clicking on the test graf below.
	The note of market action on Friday just before market close time was the reason this product was brought to light. It is an opportunity that can truly  help some accomplish that Lamborghini dream car. Shown on the left are high risk settings for that trade that worked over almost an entire year. To reduce Risk on that trade ( and thus produce less profits ) change the Riskmax value of the trade from 0.2 to a lower value near 0.08
We will discuss account size effect as well as few possible settings combinations. but first we must define Forexbody EA settings:
Settings that Affect all trades: Located near the top of the parameters window Most settings can be left as is, but Hour shift should be changed from 0 to your broker GMT. but to determine your broker GMT you should follow our instructions in the installer closely to avoid errors due to day light savings, Use the minute shift only if your broker server time minute is not accurate and only do so if your broker server time continue to be lagging or ahead by 1 minute or more.     Second page of global parameters: If your broker does not allow minimum micro lot of 0.01 (eg:FXPro), you should edit minimum lot to become the minimum lot allowed by your broker, 0.1 for mini accounts. This way EA will not attempt to wrong lot orders and get errors. If max spread is enabled the EA would not trade unless the brokers spread is equal or less than max spread allowed.     Third screen of global parameters: Use profit pool is important to stay on. Loss pool is currently set to 400 hours, which means that the EA will close 10% of any losing trade after 400 hours have passed since in negative zone. and another 10% ( as set ) every another hour and 10 minutes. Applies to all losing trades except first losing trade. If only there is only 1 losing trade nothing will happen. Next are the trade modules:     Here is a trade Module: There are 9 trade modules per weekday and 3 for the short period of Sunday. Each module can be programmed with its own trade settings, time, SL, TP, Trailing stop and traling trigger, lot calculation method, profit pool settings, etc. All modules are similar but each one can have its own settings. We provide other screen shots below with settings on.
In the bottom of the parameter window there is the Scalping module, which is explained in more details above.
All settings in the New Forexbody EA parameter window are usable, settings in previous version that seldom used are removed now including GMT setting which can cause confusion over daylight savings issues.
What looked like above in the beginning looked as below after 115 trades ( 1 Monday and 1 Friday trades with the previously mentioned Friday trade Riskmax reduced from 0.2 to 0.1 and enabling SL value on the Monday trade )
Testing backward and forward on more than 10 powerful computers and soon will enable hustle free back testing for you to do on your own computer as easy as 123, in the screen shot below it took this computer 3 hours to do the back test of less than 26 days (over 1500 trades ) and same platform is performing forward test as you can see in the chart below. Most tests are first done on 10k deposit, then repeated on 1k, finally on as little as $100 deposits.