It's been quite a while since I've posted on this forum, thoough I still visit the site nearly every day. Your signature would indicate that you've joined FF relatively recently. How long have you been trading? If you have been trading for less than ...

How far does one let your profits run? If a trader is really letting their profits run, is there a reason to close a trade other than you have a signal to go in the opposite direction? To do so would be picking tops and bottoms.

I'm hesitant to try a trading strategy with a risk reward of over 1.5:1. I believe that the further price moves from your entry, the more difficult it is to predict future behavior of price. Think about it, how many of your trades would have been ...

I use a 200 EMA and a 72 EMA as moving support and resistance. I base my trades off those. When price approaches one of the EMAs I place entry-stop orders 20 pips above and below the EMA price. Oh, and I trade off hourly charts.

I find it's easier to set a weekly total of pips gained as a goal. If you are trading daily charts and wish to gain 15 pips per day or 75 per week, I think it would make more sense to try and accomplish that in as few trades as possible.

I should probably make it clear, I did not mean use the 100 MA in addition to another MA as a signal for a cross. When the 100 MA crosses price on a daily chart then you place orders to buy or sell at a price that is equal to the MA plus or minus ...

Why don't you try using a longer MA, say 100. Use ATR as a filter, meaning you only enter long when price goes above the MA by the ATR. When you enter a position, open it with multiple lots, and then take profits by closing one lot at each multiple ...

250 pips a week on GBP/JPY is plausible, I think the daily ATR was a little over 300 for a while there. I don't think you'll be able to pull in 250 a week going forward as daily volatility returns to normal levels, especially with a MA system. At ...

I can't believe the EA is working so poorly, the logic behind the method seems sound. The only problem I have with hedging strategies is that even though you have equal and opposite positions open, you will at some point have to close one position, ...

Just opened a demo account to forward test on cable, I'll let you know how it goes around this time tomorrow.

Your reasoning seems sound. You just need to come up with values for the variables without overly optimizing the EA. We need some divergent opinions in here because I can't seem to see a weakness. Darkstar? MrMikal?

It's a good example, but you may be optimizing the system to fit this specific set of data. That is to say, would those variables have worked over the last 6 months.

Perhaps I don't understand the method correctly, but why does one need to set a profit target for variable B. If you have a trailing stop for the winning trade, which theoretically would be triggered once price hits its zenith or nadir, then after ...

Very interesting strategy because price does indeed retrace each day after the market establishes a low or high. It's an extremely rare day in which a daily candle has no wicks. I wonder what would happen if you opened the hedge at 17:00 EST, and ...

I'd like to know what timeframe you were using, as well as the stop loss in your backtests as well as money management and exit strategy. Breakout trading does fail from time to time, but it should not perform that poorly.

Does it have to be MetaTrader? You could use alertfx.com, and have a signal sent to your cellphone when you get a cross.

You might also try looking back at the high/low of an arbitrary number of bars. The high/low in that "box" will be support/resistance. It's important to remember that the longer a high/low remains intact without being broken the stronger the ...