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fugly's mech system 100 pips a day

  • #61
  • Dec 7, 2008 10:54am Dec 7, 2008 10:54am
I attached two images that show how the profit and loss curve looks like. (I do not know if they will appear as images, or only as attachments).

The first one is the one year curve, the second one is a magnified section of the past two weeks.

You can see that there are sharply rizing periods, so backtesting only short period (days or weeks) can be very misleading.
Attached Images
  • #62
  • Edited Dec 8, 2008 12:16am Dec 7, 2008 3:08pm | Edited Dec 8, 2008 12:16am
somebody can write an EA for this simple strategy?
Trading S/R with PA only. No indicators anymore!
  • #63
  • Dec 28, 2008 9:17pm Dec 28, 2008 9:17pm
Quoting fugly
Hello friends,

Well I've come across a mech system which is very very simple but seems to be quite promising. Its completely mechanical so you just have to follow the rules. I invite you all to give me your opinion good or bad. It doesn't use any indicators or trendlines or anything, it just uses round numbers somewhat like Jacko's principle....
fUGLY, ARE YOU STILL USING THIS SYSTEM?
  • #64
  • Dec 28, 2008 11:17pm Dec 28, 2008 11:17pm
no jd i had only used it for a few days, . After Arilou's tick level backtesting I have stopped using it.

I haven't tried it long term, it was profitable for me but just for a few days and then i shared it here immediately after 3 days at ff hoping it would be useful to my friends in here but after Arilou's meticulous research I've stopped trading it.

Dunno if it works long term.

Anyway I apologise if I've wasted anyone time.
  • #65
  • Sep 15, 2010 3:55am Sep 15, 2010 3:55am
Quoting fugly
Hello friends,

Well I've come across a mech system which is very very simple but seems to be quite promising. Its completely mechanical so you just have to follow the rules. I invite you all to give me your opinion good or bad. It doesn't use any indicators or trendlines or anything, it just uses round numbers somewhat like Jacko's principle.

I'm not the creator of the system I found it on another forum (maybe it originated here in ff ... I don't know) the guy who posted it just made 3 posts and basically disappeared so I'd like you all to back...


does this system still work ?
  • #66
  • Sep 15, 2010 1:37pm Sep 15, 2010 1:37pm
no i dont believe it does. It was just luck ......... try something else ... sorry
  • #67
  • Sep 17, 2011 1:37am Sep 17, 2011 1:37am
Quoting fugly
no i dont believe it does. It was just luck ......... try something else ... sorry
hi Fugly.. todays is 17 sep 2011. exactly one year after u wrote ur last post.... is this system still workable?
  • #68
  • Last Post: Sep 17, 2011 7:56am Sep 17, 2011 7:56am
Quoting IndianTiger
hi Fugly.. todays is 17 sep 2011. exactly one year after u wrote ur last post.... is this system still workable?
I do like this i'm giving it a try this week.
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