Simple candlestick strategy - need an EA

Hi guys,

Long time lurker, first time poster. I've come across a profitable simple scalping strategy, that on visual back tests looks very good. I've done a few trades with this and it is very good

I'll attach the PDF for anyone who wishes to trade this manually, however the method looks ideal for an EA, as it is very difficult for me ( and others I'm sure) to constantly monitor the markets while at work to wait for a particular setup pattern.

Would any coders be willing to write an EA for this method, and share for everyone.

Many Thanks

Sep

I took a look at the PDF and my conclusion is this guy is another one of the many left handed traders who never lose. What I mean by that is shows examples that fit his strategy and are winners. However he slipped up. In the setup he states that determining the trend by use of the 200 SMA is important. Later he shows a 15M chart with three successful trades in succession. But he didn't show the trend on the chart. So one or two of the trades violated his rule, but it was successful!

Maybe you are more consistent in the application of your rules, but until you start trading on the right hand side of the chart and do it consistently for many months, you have no idea how successful this strategy is. Looks like a waste of time to me.

Hi CodeMeister,

Thanks for the feedback, time to look for something else then! I'll make sure I test any new strategies for a couple of months before posting here.

Thanks

Sep