hi
i use this system in 8 hours time frame eurusd and 12 hours gbpjpy
total profit in eurusd is for jan 2010 437 pips(8 trades totally) max losses in 2 trades 118 pips
feb 2010 576 pips(9 trades totally) max losses in 2 trades 256 pips
average gains for gbpjpy from 4/1/2010 500 pips/month
the system seems very good
i just need a lot of time so i can backtest all 2009
cause the system has many rules and it has in fact 3 systems it is a hard work for someone to backtest it but i think 5 months for eurusd and 5 months for gbpjpy is a good period until now
if you trade this system try it in bigger time frames than 5 -15-30 min in my opinion and the most basic rule for me is try take all signals and not random during a day
this is my report for eurusd 8 ours for jan 2010
1) -54 pips
2) - 64 pips
3) +84 pips
4) +219 pips
5) -112 pips
6) +148 pips
7) +90 pips
8) +126 pips
totally +437 pips
you trade 2 positions 0.5 lots and 0.5 lots for example
according to the rules of the system you gain 437pips/2=218.5 pips per 1 lot = 2185 usd
i think not bad
finally i dont like advertise this system but after a hard manual backtest in many time frames i believe it performs great in 8 hours eurusd and 12 hours gbpjpy
and dont forget is more simple trade in these frames that stay all day in front a monitor
teo
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