DislikedScooby, thanks for your contribution of this robot. I backtested the EA, and it agreed with your 2009 results, the account nearly doubled.
When I backtest the EA from 2005 on the daily EUR/USD, however, the robot loses 90% of the account.
My question, can we possibly add another indicator that suggests a good time to employ such a strategy? Something to filter out the fakeouts?
Thanks again.Ignored
The best way is to just forward test on demo and/or live.
I have an EA which made +76% on a live account from Jun09 to Jul09 but back testing it on ST shows -14% for the same period.
Steve and others will confirm that ST is flawed.
Scoobs.