1 minute, 1 trade (by O_s_a)

Hello,
I decided to run my own thread about Paulus system.
I have few modyfications, which are confusing for the members in that thread.

I brought to You my rules later because now I need to go to work.

Enjoy.

One minute, one trade (O_s_a version) - Original by Paulus
http://www.forexfactory.com/showthread.php?t=360197

Rules:
I use Alpari as my broker which is GMT+2.

The key time in this system is 8:00 GMT. (On the charts I attached it is 10:00 because my broker is GMT+2).

1. We are waiting for 8:00 GMT.
2. Then we look which BUY or SELL signal the original system gave us.
2a. If BUY we take it according to the original system rules. But either this we look for SELL signal after 8:00 GMT. And we take it too.
2b. If SELL we do the same but reversed.

I will be trading this system from next monday on a real account in Alpari.
I will give You more info later. Enjoy.

O_s_a, please write more detailed about your method.
1) You use original rules for entry according to bias, but what about reversed entry? As I understood from Paulus topic you enter only using MACD (without Stoch).
2) For example - the bias is up. You look at the chart and first entry that appears is the entry for short (by MACD). Will you take it and then wait for original entry (long)?
3) 5% long + 5% short = 10%. Don't you think it's too much risk? Have you backtested this strategy?

Look,
We have two entrys:

First entry:

First according to the Paulus strategy. But with one exception. When we have let's say long bias we need to have MACD below 0 and it needs to change from dark red to light red. In my modyfication we don't need this.
When we have long bias and the MACD is above 0 just what we need is when dark green change to light green. Of course when we have MACD below 0 we trade too.

Second entry:

Second entry is the reverse one. It can be first trade or second, nevermind. We look at the MACD like in the firts entry.

Stochastic is only for confirmation.

Money Management

I don't force anybody to use 5%/15% money management.
It can be 1%/3% as well. I use Paulus money management because I think it will be quite good.

Sory for my English.

I don't understand the idea.
For example. Bias is up, we look for long (according to original rules).
MACD changed it color to light green, we enter long according to your rules.
After some time MACD changed it color to red and stoch is below 50, but low isn't broken - now we have an entry for long (according to original rules). How can we enter reverse trade in such situation?

Hi,
I have been following Paulus' thread with interest. I also noted your contribution on it. I am very new in this trade but think your method could have an edge over Paulus'. I will be following you with keen interest! Good work.

Have you got any interesting result O_S_A?