rowdy wrote:Here are my backtest results so far. My account doubled in size in just three weeks. I am going to allow this to continue, but in my next revision I am going to investigate the possibility of waiting for the 7 Sema to appear and store the price. Let the price move through against me. Then when the price retraces back to the price it first appeared, enter with say a 10 pip stop. If it heads south on me and I get stopped out, then just wait for it to come back and then enter again. I can then play with the stoploss value to see how not to get whipsawed. This might help those who are squeemish over the 110 pip stoploss.
Sounds good Rowdy
Man I need to learn how to write code...
so many ideas to try out.
here is some results of an EA I got a work colleague to do for me, from the 21-10-08 to 6-11-08 14 days of trading captured 9322 pips lost 8168 net profit 1154 on GBP/USD
It only traded off whole numbers on a 5 min chart, no indicators whatsoever.
But he didn't code it as exactly as i wanted it. it could do with some tweaking....lol it was then when I stumble across this site looking for ideas to to minimize the losses.