Hello, William. Your EA, Bogie-ATC2007-1, is showing good results. Have our congratulations on this. You wrote that there had been 1 successful EA for 4 unsuccessful ones last year. What could you say about Expert Advisors participating in this present Championship?

As Phy has been reporting on Better's comments page, again this year is generally not that different from last year. Although this year's overall equity level is higher. Olexandr (Better) is taking us to a new mostly unexplored area of profitability for most MT4 traders.

Yes, his EA is great. Would you try to write one like his?

Yes, I have one now under demo testing. So far, in 1 week the equity, at contest risk level, is up 60%. It is too early to tell if I can master neural-network forecasting EAs, but it has definitely gotten my interest.

Are you a professional trader? do you have any experience in programming?

No, I’m not a professional trader, just an individual trader that has only a basic understanding of C++, MQL4, Java and AppleScript programming.

You wrote you had been trading stock online for 10 years already. Is there anything in automated Forex trading you would like to use in trading with stock?

I now manually trade stocks utilizing many trading strategies I've learned in coding MT4 EAs. I'm very pleased at my success of transposing trading strategies between Forex and stocks. If MetaQuotes would offer automated trading of stocks on a MT4 platform, I would be one of the first customers.

You watched ATC 2006. What lessons did you learn from it? What did you use in your preparations for Championship 2007?

From 2006, I found that many EAs were not consistent throughout the contest.     There were a lot of cyclic wins and losses. Again, this year I see some of the same, but a few have been very consistent winners. This year, my contest EA is based on a lot of trade history analysis to try to understand short-term trends and best time of day to open positions. So far, so good. But the contest is not over yet.

Let’s discuss your EA. It is attached to the EURUSD daily chart, but it opens trades at 8:00 p.m. (server time). What other timeframes does it consider?

The EA works virtually the same on any chart timeframe as utilized timeframes are hard coded in the EA. I find this makes the EA more reliable. I use multiple hard coded timeframes to detect trends. I would not like to say which timeframes as it is what makes the EA what it is. The chart timeframe selection is mostly for convenient viewing.

How did you come to the idea of writing an Expert Advisor that would open trades by time? You wrote in your profile that the EA detected a trend first. Could you, please, precise how it detects the trend?

On most completed daily bars, the high is above the open, and low is beneath the open. In theory, on start of new daily bar, you should be able to open a long and short positions each day and win over 90%. But not knowing the interpolation of future daily bar makes this a bad risk. The EA compares bar trends from several timeframes and decides whether the daily trend at 8 p.m. server time is currently moving up or down, and opens long or short positions.