Show us a chart.

That is really impressive, and 99% modeling, too. 70% return over 2.5 years is respectable. Will you be posting the set file?

This will get you started.

That same guy has a Holy Grail account with a 92 profit factor. He’s definitely doing something right.

I love 100% mechanical systems. Discretion always seems to muddy the waters.

Fascinating video - thanks for posting. It looks very similar to Tro’s strategy. Keep us posted with your results.

Agree. I’ve spent 10 years experimenting with martingale, averaging, and grid systems. I just couldn’t get used to the massive DD that would occur every now and then. I like the OP’s system approach, though, and look forward to good results.

I understand exactly how the strategy works, and I am trading it live. Once entry criteria has been met, it’s no different from any other average-down system.

The green arrow trade on the dotted line would have required 7 or 8 sell positions, in order to close in profit. The two red arrow and green arrow trades to the right were all winners, due to large wicks. A trailing stop would do job nicely, if you ...

Was responding to Aliens

What were your typical TP levels for H4 bars?

I eliminated all pairs except eurusd and it still won't backtest.

You have to be patient. I noticed from my backtests that it can go for a few days, before placing a trade.

Maybe, maybe not. I’ve tested the EA on individual months, one at a time, and during several different yearly time frames, with different starting points. It always did well, and DD was always very low, even with MM. You very well could be right. ...

Can anyone recommend a broker who allows hedging and accepts US clients? When I check reviews on forexpeacearmy, the great majority of these brokers get very poor ratings.

Same test as above, but with money management. DD still very low.

1/1/20 - 8/1/20, so basically seven months. No money management - fixed .01 lots. Really impressive. Super low DD. Unfortunately, since it hedges and I'm a US trader, I can't use the EA.

What are we looking at, here? Doesn’t look like green candle/red candle.

Same question, here. I still have to wait another day, before the EA starts trading.