DislikedWell, I am not sure this is a winning system at all. Results I obtained throught a full back test with historical data from avaTrade are not so brilliant as ppl stated here in the original posts. Maybe I did something wrong in my code, attached my EA, please check it and let me know. EURUSD, 4h Results are accetable, quite smooth equity since 2010. Winrate is around 40%. Lower timeframes are wroste, this is understandable since there is more noise, what I cannot understand if bad results on daily frame. Results on other currencies are not good....Ignored
I made an EA (2 releases) for this "accurate" strategy in my Robots Lab based on a member's request some time ago, it starts here.
Special notes here.
Code is provided in the Lab if you like to compare.
All the best,
No guts, no glory