I've been a member here for several years and I've backtested system after system. I just can't find one that works for me. I know how to follow simple directions, so I don't think it's my lack of brains.
I have a "real" job, so I can't really do intraday trading. I am a computer programmer though, so I find programming EA's pretty easy and have programmed EA's for dozens of systems. So, I either need a system that only examines Daily or higher timeframes, or a system that is truly mechanical so that I can program an EA to do the trading for me.
Systems that I've found here have varying results. Some show good backtesting results through the beginning of this year... or the last two years but would have been losers every year before that. Some have 1/2 winning years and 1/2 losing years. Some don't work at all.
Perhaps I am too picky. A system that has a huge drawdown doesn't really appeal to me. A system that has 1000 losses and 1 huge win doesn't really appeal to me. A system that has 50% wins and 50% losses but the wins average out to be 100 pips and the losses to be 99 pips doesn't really appeal to me. A system that worked last year but had loosing years before that doesn't really appeal to me. I want a system I can backtest and say "wow, that works 75%+ of the time, I don't have a large drawdown, my wins are close to or larger than my losses, and it finished in profit every year from 2001 to 2008."
Am I out of luck, or does this exist?
I have a "real" job, so I can't really do intraday trading. I am a computer programmer though, so I find programming EA's pretty easy and have programmed EA's for dozens of systems. So, I either need a system that only examines Daily or higher timeframes, or a system that is truly mechanical so that I can program an EA to do the trading for me.
Systems that I've found here have varying results. Some show good backtesting results through the beginning of this year... or the last two years but would have been losers every year before that. Some have 1/2 winning years and 1/2 losing years. Some don't work at all.
Perhaps I am too picky. A system that has a huge drawdown doesn't really appeal to me. A system that has 1000 losses and 1 huge win doesn't really appeal to me. A system that has 50% wins and 50% losses but the wins average out to be 100 pips and the losses to be 99 pips doesn't really appeal to me. A system that worked last year but had loosing years before that doesn't really appeal to me. I want a system I can backtest and say "wow, that works 75%+ of the time, I don't have a large drawdown, my wins are close to or larger than my losses, and it finished in profit every year from 2001 to 2008."
Am I out of luck, or does this exist?