Simple Trend System Journal

Hi all,

in this thread I want to show a test of a incredible simple kind of trend follower.

It's so simple it doesn't deserve to be a system actually.

Here are the rules with an example for the EUR/USD:

Assume the price is at 1.2000:

Place stop buy orders at 1.2050, 1.2100 and so on with NO TP but with a trailing stop of 100 pips.
Place stop sell orders at 1.1950, 1.1900 and so on with NO TP but with a trailing stop of 100 pips.

That's all. So if the Euro goes up (as it will ) we will go long at:
1.2050 with a TS at 1.1950
1.2100 with a TS at 1.2000
...

We fill the gap in the other direction, so if the order at 1.2100 is filled we place a new stop sell at 1.2000.

I'll test that with a demo account, the link for MyFxBook can be found here:
http://www.myfxbook.com/members/Xaro...le-trend/35327

Actually I don't know the outcome of this thing, this is just some testing. I'm curious how such a stupid and simple thing will work or not...

Up to now it works like a charm:

http://www.xaron.net/dl/fx/2010/sts/account_090610.png

The main trend is down, so if you begin to compound on the way up it is at least not with the trend. But it is just my notice. it is up to you, good luck.

This can work only in less volatile markets like A/U or so, on E/U or G/U you will be stopped too often.