Hey guys,
I manually backtested my system on the EURUSD H4 timeframe. Here are the results:
Trading from: 12/13/2007 - 09/24/2008
254 Trades - 87% Winrate
Starting balance $500
Ending balance $108319.70
System uses two indicators - Awesome Oscillator and ADX Crosses:
Buy when both indicators are green
Sell when both indicators are red
Close trade when ADX Crosses gives opposite signal. Doesn't matter what AO color is. No take profit or stop loss(!!). So basically once the indicators match you make the trade, then ride the trend if there is one until ADX Crosses gives the reverse signal.
MM - 0.1 lots at 200:1 leverage per $100. Yes it is risky.
I followed these rules exactly and made a $500 account go to around $100k. I'm hoping that by posting here the system can be improved even more with the community's help and that someone can make an EA for it, since I'm in school right now so I can't check the chart every 4 hours
http://img79.imageshack.us/img79/3165/aaaacv2.png
I manually backtested my system on the EURUSD H4 timeframe. Here are the results:
Trading from: 12/13/2007 - 09/24/2008
254 Trades - 87% Winrate
Starting balance $500
Ending balance $108319.70
System uses two indicators - Awesome Oscillator and ADX Crosses:
Buy when both indicators are green
Sell when both indicators are red
Close trade when ADX Crosses gives opposite signal. Doesn't matter what AO color is. No take profit or stop loss(!!). So basically once the indicators match you make the trade, then ride the trend if there is one until ADX Crosses gives the reverse signal.
MM - 0.1 lots at 200:1 leverage per $100. Yes it is risky.
I followed these rules exactly and made a $500 account go to around $100k. I'm hoping that by posting here the system can be improved even more with the community's help and that someone can make an EA for it, since I'm in school right now so I can't check the chart every 4 hours
http://img79.imageshack.us/img79/3165/aaaacv2.png
Attached File(s)
Strategy Tester.pdf
52 KB
|
4,597 downloads
ADXcrosses.mq4
3 KB
|
3,914 downloads
test2.tpl
1 KB
|
2,854 downloads