I certainly believe Squared EA is profitable. However, it is hard to judge the profitability. You would need to hang on an extended interval. The truth is that it will either near at a benefit or at a 120 pip complete SL is more like ezrw2a. I do not know between squared and ezrw2a which one is more successful as I haven’t done enough backtest / ahead analyze yet. However, I believe over a lengthy run, the outcomes should not vary by much because of identical dealing reasoning. Because of this, I would just select one out of the 2 and run it instead of operating both to avoid common DD.
Squared signal uses straight line regression to figure out the existence or lack of a industry pattern. Squared variety itself together with two stages for pattern and smooth industry are shown on a graph. Indicator principles are set in the variety from 0 to 100. When the signal drops below 30, the industry is regarded to be smooth, and when the signal increases above 70, a pattern is regarded to be existing. With the growth of a pattern the Squared variety increases from the non-trend up to pattern stages. When the industry gets to a top and retracement begins, the signal drops again.
The greater is the value of squared, the more likely that a new pattern is in past statistics essential. Based on the interval, crucial energy of a pattern reduces.