I had been searching for an EA based on this strategy, however there isn't any at the moment. I was planning to seek programmers to help me out with it until i saw this thread.
I traded the system on a 1h TF and I used Chandra's Alert to help me look out for a setup. I used a 1h TF because I am looking at entering only 1-3 trades in a day.
Just to share my experience; i had been using the system to trade since nov 2007, and the results were great! I feel like i wouldn't want to take a look at any other system. Unfortunately, back in February i havent got much time trading like how i used to before as i was busy with my day job etc. Since then, I had been making trades based on emotions and most of the time i got myself in a good trade, but just to turn out bad in the end.
Conclusion, I believe an EA will take care most of the problems, like handling of emotions and discipline in money management and many more.
I have no knowledge about programming but if there is anything that I can do/contribute to make this EA a success, please let me know.
I am really looking forward to see this EA comes to live!
I traded the system on a 1h TF and I used Chandra's Alert to help me look out for a setup. I used a 1h TF because I am looking at entering only 1-3 trades in a day.
Just to share my experience; i had been using the system to trade since nov 2007, and the results were great! I feel like i wouldn't want to take a look at any other system. Unfortunately, back in February i havent got much time trading like how i used to before as i was busy with my day job etc. Since then, I had been making trades based on emotions and most of the time i got myself in a good trade, but just to turn out bad in the end.
Conclusion, I believe an EA will take care most of the problems, like handling of emotions and discipline in money management and many more.
I have no knowledge about programming but if there is anything that I can do/contribute to make this EA a success, please let me know.
I am really looking forward to see this EA comes to live!