Need backtesting results for this system

Dear all,

I need some back testing results for the following system:

It is using fractals but with the following rules:

1- The bearish turning point occurs when there is a pattern with the highest high in the middle and ONE lower high on each side.
2- The bullish turning point occurs when there is a pattern with the lowest low in the middle and ONE higher low on each side.
3- The length of LAST candle's body (the candle on the RIGHT side) >= half of the length of the whole candle
4- Go long if there is "bullish turning point" after the close of the right candle
5- Go short if there is "bearish turning point" after the close of the right candle
6- Close the trade at the end of the same trading day; i.e you open and close the trade within the same day

I hope the rules are clear

Regards

I don't get it. You want us to do the back testing for you? Really?

Oh yes really get it

I tested it for you. Not profitable sorry.

Don't be ...and thanks for your efforts

did two days,
EURUSD march 1, 2010, 5min chart, +120 pips
EURUSD march 2, 2010, 5min chart, +180.

I realize two days doesn't make a backtest, lol. But prelim results look interesting. I like the objective way of entering/exiting. I'll update after I've done a few months of testing.


Also, important to note; It seems like you may need an initial stop beyond the middle point's extreme. For example, you go long, stop below the middle points low. I didn't test this way but it seems that theres the possibility, in the example of a long trade, for price to fall fast & hard right after you enter Long, without a bearish turning point forming to tell you to exit. just a thought, although I'm not testing it this way.

Thanks alot. I should have stated the stop loss rule as well. It is basically 5 pips above the high of the middle point when going bearish, or 5 pips below the low of the middle point when going bullish. I prefer to test it on longer terms: daily or 4hr