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sr2 · 26-01-2005, 09:24

Hi

After starting this thread I tried to complete coding this in MT4 but without success. I haven't given up. Anyway I decided to demo trade this system this month and have posted the results thus far. The results are very good. Obviously it is only for 1 month and the true test of any system is to see how it performs over a considerably longer period. I will continue to test the system along with some of the others I am currently trying out. If the system proves to be successful in Feb then I will start a small live account trading the system.

You will see from the results that the target was not hit on most occassions. This was not because the system did not achieve the results it was because I felt the market was stalling and so decided to bail out and thereby breaking the rule "let your profits run." I will try to be stricter in future.

A good feature of the system is that I did not need to be glued to the PC. I set my SL and TP and went off to do other things. If I was sitting at the PC I watched the trades and that is usually when I decided to bail out early.

Anyway just wanted to share with you in case someone can use this to make some money

SR2

26-01-2005, 09:24	#6
sr2 level 3 Join Date: Jun 2004 Posts: 164 Downloads: 0 Uploads: 0 Rep Power: 0	Hi After starting this thread I tried to complete coding this in MT4 but without success. I haven't given up. Anyway I decided to demo trade this system this month and have posted the results thus far. The results are very good. Obviously it is only for 1 month and the true test of any system is to see how it performs over a considerably longer period. I will continue to test the system along with some of the others I am currently trying out. If the system proves to be successful in Feb then I will start a small live account trading the system. You will see from the results that the target was not hit on most occassions. This was not because the system did not achieve the results it was because I felt the market was stalling and so decided to bail out and thereby breaking the rule "let your profits run." I will try to be stricter in future. A good feature of the system is that I did not need to be glued to the PC. I set my SL and TP and went off to do other things. If I was sitting at the PC I watched the trades and that is usually when I decided to bail out early. Anyway just wanted to share with you in case someone can use this to make some money SR2 Attached Thumbnails Last edited by sr2 : 26-01-2005 at 09:26.