Simpler than buying if the previous candle was up, and selling if the previous candle was down? I just found this thread: url It's not even a month old.... hardly enough of a track record to make any assessment. Maybe somebody or myself with ...

Monthy EURUSD Strategy (since 1989)

Not good.

Monthy EURUSD Strategy (since 1989)

Yo Craig, in a bad mood, are we?

how reliable is system testing on MT4

I am running it as a filter in my backtester with my own system (as I described a few posts ago) but have removed the Ask required to be above/below the current month's opening. It is a very good filter, best I've seen. The reality is that you are ...

Monthy EURUSD Strategy (since 1989)

Dude don't you think I already tried it on all the majors? It's easy to write.... experiment away.

Monthy EURUSD Strategy (since 1989)

79-08 pound. EURUSD is the only one I found that has done well with this (see post 1)

Monthy EURUSD Strategy (since 1989)

That system doesn't give you any advantage. It is the mathematical equivalent of martingale. Junk science, packaged to sell to you and anyone else whose gullable.

Anyone have a d'alembert excel spreadsheet?

Short on the open. At the end of the month, close it, and reevaluate the new candle that just formed. Give me a few minutes and I'll post a 30 year backtest on GBPUSD for you. -T

Monthy EURUSD Strategy (since 1989)

It would be short because the previous month's candle is down. This is the simplest trading system on the planet.

Monthy EURUSD Strategy (since 1989)

Well I had a flood in my house and had to spend a lot of time fixing stuff. You haven't missed anything though.... There haven't been any trades in months with my system.... the volatility is too high.

Monthy EURUSD Strategy (since 1989)

Another installment I always come back to this strategy because of its concistency.... I am leaning towards a Peter Crowns approach (not filtering on the daily open as he does, but rather monthly)..... Not to actually trade this system, but to use ...

Monthy EURUSD Strategy (since 1989)

Agreed.

the shadowman trading formula that works wonders!!

I'd like to see these pairs with 3 years of backtests. He claims to be a millionaire trading it, although he could be just another cowboy. This reminds me a lot of mongoose's "Big Sandwhich System" (find the tread).......... it is countertrending ...

My own developed benkyalate system

He's probably checking to see if he has margin calls or not (w/ various leverages)

How to change leverage level during EA backtest ?

That's very good, Scrat. I tend to believe the same thing.... that the market never "lingers" but is rather extremely efficient.... And things that appear to be support and resistance are really just coincidence. Well, to each their own.

Do you believe in Support and Resistance?

I'm suprised that Elmer Fudd hasn't weighed in and accused me of trying to bring down the FF machine with another negative thread. According to him, quality members of the community can't handle mean people like myself, and cry their eyes out in ...

Do you believe in Support and Resistance?

Do you believe in Pivot Points, or are they a myth?

Pivot Points

int i = OrdersTotal(); while(OrdersTotal()==i) { OrderClose(.....); }

Error 138 - how to overcome requote

That's funny, Bemac. Well, I don't COMPLETELY disagree with Mr. Crowns. He talks about accepting losses as part of trading.... I can support that.

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