scalpmaster Posted November 20, 2010 Report Share Posted November 20, 2010 Came across a video that showed good backtest results when buying/selling majors fx pairs after 6 consecutive closed up/down days and exit based on same rule. Can a simple EA be created to verify this? i.e. Enter Long/Short on closed after X consecutive days of daily bar closed higher/Lower Exit after Y consecutive days of daily bar closed lower/higher. Quote Link to comment Share on other sites More sharing options...
maybe Posted November 22, 2010 Report Share Posted November 22, 2010 Can you link me to the video? I don't quite understand the system. Is it just you want to buy when the price closes higher everyday for the last 6 days? Wouldn't you be better off waiting until a resistance is hit and trading against the trend? I can't see a system working that enters the trend so late, but I'll make a bot if you specify. Quote Link to comment Share on other sites More sharing options...
scalpmaster Posted November 22, 2010 Author Report Share Posted November 22, 2010 This is a longer term trend approach in order to capture bigger trends such as euraud, eurcad that last nearly a quarter so waiting for a few days to a week close higher for trend confirmation is ok. X days, Y days are flexible user inputs so you can test other variables even if the video(somewhere) is not correct.. Quote Link to comment Share on other sites More sharing options...
greentrader Posted November 23, 2010 Report Share Posted November 23, 2010 This is a longer term trend approach in order to capture bigger trends such as euraud, eurcad that last nearly a quarter so waiting for a few days to a week close higher for trend confirmation is ok. X days, Y days are flexible user inputs so you can test other variables even if the video(somewhere) is not correct.. Can you proved a link to the video? Quote Link to comment Share on other sites More sharing options...
scalpmaster Posted November 24, 2010 Author Report Share Posted November 24, 2010 Can you proved a link to the video? Video deleted. If anyone can code it, it can be verified. Quote Link to comment Share on other sites More sharing options...
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