Thanks for sharing your backtest results. Wow, if you had left the Swiss Franc on the sidelines, you would have really done well. It must have been really choppy over the past year.

D1 - 20 EMA & 50 EMA

Daily target of 20 pips? No offense, but why are you muddying up this thread with some other method? Please take that elsewhere.

D1 - 20 EMA & 50 EMA

Thanks, 100Pips. Wondering if we might be better off to just tie the TP/SL to some multiple of ATR, which is an up-to-date picture of a pair's volatility, instead of having to constantly backtest. For whatever reason, while my EA seems to be working ...

D1 - 20 EMA & 50 EMA

Interesting... my EA opened up three JPY trades toward the end of Friday's trading session (I had just turned my EA on a few hours prior): CHFJPY EURJPY GBPJPY All were buys, and all are in profit on the first position. I noticed looking back at the ...

D1 - 20 EMA & 50 EMA

No, but thanks very much for the offer. I will just need to figure out how many positions I would reasonably expect to have open at one time and then make sure I have the margin to handle it. I lean toward using the 12-hour order delay, so that ...

D1 - 20 EMA & 50 EMA

Great results there! Very nice system indeed. Wondering on 1:50 leverage (IBFX in the US) how large a lot size I could reasonably expect to trade with this. It would appear on your tests you were using .1 lots for a $10,000 standard account. I will ...

D1 - 20 EMA & 50 EMA

Agreed. It seems to have an edge and a good R:R ratio. Add in good money management, and it's likely to be a winning system over the long haul. Again, thanks for sharing your ideas and your backtest results. Scott

D1 - 20 EMA & 50 EMA

No, I have not ever looked for companies that do testing for you. I guess at $15 for a month a testing, you wouldn't be out too much if it wasn't what you expected. Might be worth a try. Does your EA have code in it somewhere for trailing stops? I ...

D1 - 20 EMA & 50 EMA

Well, Claudia, it is not a complete waste of time because it is the only way of quickly discovering whether the method has a long-term "edge" and viability. If it is a consistent loser in the past, it is probably not worth even pursuing on a forward ...

D1 - 20 EMA & 50 EMA

Thanks! Will check it out. Scott

D1 - 20 EMA & 50 EMA

Sounds great. I need to get some cleaner data before I can test my EA, but if I can do so, I will post my results here also. Maybe Dewey can post his as well. Might be nice to see if the results are in line with each other. Have a great weekend! ...

D1 - 20 EMA & 50 EMA

100Pips, Thanks very much for all your time in doing those backtests. Interesting results! Just a couple quick questions: 1) On a couple of them you noted that the backtest only went back to Dec. 2012. But unless I missed it, I did not see what the ...

D1 - 20 EMA & 50 EMA

100Pips, I think you have the wrong chart attached on this one. Scott

D1 - 20 EMA & 50 EMA

Actually, I don't think the spread is that huge of an issue when you are talking about a method where you are shooting for 350 pips each trade. A few pips likely won't skew the results all that much. 100Pips, how's that backtest coming? Eager to see ...

D1 - 20 EMA & 50 EMA

Ah. Good idea. I had been calculating it with a datetime variable. I will modify it this weekend. Cheers, Scott

D1 - 20 EMA & 50 EMA

I've also written my own EA for this and just put it on the charts this afternoon for the first time to get the kinks and bugs worked out. It's already opened 8 positions... hopefully not at the very end of the trends! No sweat, though, as this ...

D1 - 20 EMA & 50 EMA

Very clear example. Thanks again! Scott

D1 - 20 EMA & 50 EMA

Sounds good. Thank you for the explanation. I look forward to following along. Scott

D1 - 20 EMA & 50 EMA

Of course the problem is that it is notoriously hard to tell when a long-term trend is really coming to an end. I have to say I really liked the hands-off, let-the-market-decide approach that you began with. Not to mention, the results have been ...

D1 - 20 EMA & 50 EMA

He was not referring to your system. The EA that was created by Dewey was apparently not taking the daily trend into consideration (but was still doing well in the results), and Erebus suggested that he may have accidentally found a new trading ...

D1 - 20 EMA & 50 EMA