Good discussion here today. As with all thinngs I think the answer is often KISS. Imo there are plenty of simple setups that combined with the right trade management parameters can make good money. Especially for traders with their coding L plates on I suspect its better to focus on simple strategies at the start when our coding skills are still being developed, and later when we all become grand master wizard coders then it makes sense to get more complicated.
Having said all that, the most complicated EA out of my portfolio of 6 is the 1st one for my H12 reversal strategy which is a pure price action strategy with about 30 variables and over 50 functions, for 3 reasons, firstly being a H12 strategy I have to simulate H12 bars using groups of 3 x H4 bars, trigger events are based on M5 bars, and then the price action setup itself is a combination of up to 6 x H12 bars (made up of groups of 3 x H4 bars) which can happen in several combinations. The EA's based on indicators have turned out to be much simpler.
