Reminds me of the roads here in rural Wisconsin...
DislikedI believe that this strategy is profitable in the long run, however, I gotta make money daily. Otherwise I won't get funds to manage.
BTW, for more frequent returns Pharoah's method based on smaller box is more viable.
I actually traded version of my own and it is ok, but still, this mechanical approach makes me to swallow too many small losses . it is profitable if to let profits run but I prefer higher hit rate.Ignored
DislikedGreetings one and all . . . since more or less abandoning this thread (much like the creator, just a lot later ), I was referred to Mister Ed's 4-hour Heikin Ashi system. Not the catchiest of names, but oh well.
Here's the link if you want to see what's going on there: http://www.forexfactory.com/showthread.php?t=182645
It's not as much fun as this thread used to be, but it seems like a solid strategy if you want to take a look. Over and out.Ignored