Disliked{quote} Looks Iinteresting. The accumulating floating loss is what worries me. Could work well in calm sessions (asian, late us) let me think about it.Ignored
For eg: if we had started it this monday on AudUSD, since it played around in a range for two days.. it'd have made a profit of 4100 points - spread, while the floating loss as of now 06:25 pm, would be around 1200 points only. If it stays in this range for a while.. we will be making profits on every small move, irrespective of where the markets move.. while the floating loss also will stay around this region.
If you have deep pockets and small lots.. this will keep making money in small additions, irrespective of sessions.. timings.. 24 x 5 If we manage to keep it running for a few months.. the the TP will keep getting accumulated, to give you enough liquidity to survive trending markets.
Just give it one more thought....