The POINT-AGAPE survey II: An Unrestricted Search for Microlensing Events towards M31

to appear in MNRASAn automated search is carried out for microlensing events using a catalogue of 44554 variable superpixel lightcurves derived from our three-year monitoring program of M31. Each step of our candidate selection is objective and reproducible by a computer. Our search is unrestricted, in the sense that it has no explicit timescale cut. So, it must overcome the awkward problem of distinguishing long-timescale microlensing events from long-period stellar variables. The basis of the selection algorithm is the fitting of the superpixel lightcurves to two different theoretical models, using variable star and blended microlensing templates. Only if microlensing is preferred is an event retained as a possible candidate. Further cuts are made with regard to (i) sampling, (ii) goodness of fit of the peak to a Paczynski curve, (iii) consistency of the microlensing hypothesis with the absence of a resolved source, (iv) achromaticity, (v) position in the colour-magnitude diagram and (vi) signal-to-noise ratio. Our results are reported in terms of first-level candidates, which are the most trustworthy, and second-level candidates, which are possible microlensing but have lower signal-to-noise and are more questionable. The pipeline leaves just 3 first-level candidates, all of which have very short full-width half-maximum timescale (