Forum System turned into EA

Hi,

There is an interesting discussion here: http://www.forexfactory.com/showthread.php?t=207012 and the user has offered up his system for anyone to make an EA. I looked it over and I like the system, but I'm not experienced enough to turn it into an EA. Is there anyone here that would be willing to make an EA out of this system?

Thanks!

I have read the first few postings and he writes you have to wait for the "perfect" setup. Nowhere is defined in exact terms what exactly a "perfect" setup is and i fear it cannot be defined. The RSI and the stochs are most likely only placebos, entry decision is completely discretionary like in most of these systems.

I doubt anyone could make this into an EA. Especially when there are statements like "We can also see at that exact same time the stoch's have all bunched and are starting to rise in one neat line ". Strangely enough computers have a hard job understanding what a "bunch up" is.

The originator states that he spent years fine tuning his system. I bet he has forgotten some of the rules he uses and applies them subconsciously without realizing it. It would probably take a programmer several years as well to fine tune his code to pick up all the subleties.

The only chance for automating this is an indicator that screens all the signals and issues an alert to let the trader know that a possible setup is forming. Acheiving an accuracy rate greater than 50% would be a challenge and no I am not offering.

It has the basics of any trend-trading system, RSI and Stoch and H1 timeframe. All are dicretionary.

The only way is, like CodeMeister has said is to make alert-indicators and then enter after personal analysis of the possible set-up.

I am using a similar system and updated an existing indicator that gives me alerts when some specific conditions are met. The final decision to enter the trade will always be my personal decision.