I am primarily a discretionary trader and most of the time I trade with discretionary systems based on chart patterns. I do not use any indicators or standard analytical tools.
In my trading I like to keep things as simple as possible because my six years of live trading showed me that this is the best approach. I became interested in automated trading at the end of 2006 when I saw the Automated Trading Championship organized by Metaqoutes.
One of my successful EAs won fourth place at the Metaquotes Automated Trading Championship in 2007. In the beginning I started to create the automated trading systems based on indicators and standard analytical tools, but I learned that they don't have prospects, they're not suitable for constantly changing market conditions. I realized that the most resilient systems are those based on chart patterns because they respond well to the constantly changing forex market, so for the last year I have been creating systems based on that approach.
Drazen Ziskovic, Croatia