EA Protection Filter
EA Protection Filter provides a news filter as well as a stock market crash filter, which can be used in combination with other EAs. Therefore, it serves as an additional protective layer for other EAs that do provide such filters.
During the backtest analysis of my own night scalpers, which already use a stock market crash filter, I noticed that the historic drawdown especially during stock market crash phases like 2007-2008 is reduced significantly by using such a filter.
This type of protection filter usually only makes sense in combination with scalpers that want to avoid fast markets, so don't use it on impulse/price action strategies!
Also, there is no guarantee that using this filter will be more profitable compared to the normal trading.
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