DislikedI've gone through the thread and not found any results from anyone doing live trading. I could have missed a post while scanning through. I like the system and briefly papertraded it with limited success. I'm curious what others have achieved.
TksIgnored
On your paper trades, I would check which trades were with the over all trend, meaning the Weekly, Daily and even the 4 hour trend. Taking DIBS trades with this trend (and not taking countertrend DIBS trades) should show a more postive result.
Also, how many of those DIBS trades were with the trend did you let run? Meaning you caught the Daily trend on the hourly DIBS trade and you let it run until it was stopped out. Yes, I understand that this is tough to do, seeing pip gains go from 2100pips to days later to 900 pips and then to 3300pips.
I missed these DIBS trades on the Gbp/Usd in Augest 2008 which would be worth about . . ,
if left to run, . . . Wow . . 4800pips .
Indicators show the past. Price Action "Indicates" the future.