Dially Daily | Foreign Exchange EA Download - MT4/MT5 Resources - MetaTrader 5 Resources
daily dial
Back in the 1980s, my father volunteered for the local boys club. To share his love of woodworking, my dad made some simple woodwork kits for boys aged 10-13. The parts in the kit were rough-machined, so the boys had to use wood rasps, files and sandpaper to put the pieces together correctly. This was a huge hit for the boys because the effort required to assemble the kit gave them a feeling of "I did it!" Rather than "I just glued together some already cut pieces."
So, in response to many requests from my colleagues who kept their jobs, I came up with the idea of a daily trading system.
It's rough and requires effort on your part to turn it into a complete system. I've been forward-testing it on Cable with good results, and Athena from Team Aphid was kind enough to back-test a rough system for EUR/USD from January 2006.
I check the daily chart once a day at the close of the daily bar so it takes very little time.
Attached are Athena's backtest results, based on preliminary, very rough (get out your wood files!) images.
Learning to trade is something that requires hands-on and personal effort, so in keeping with PF's mission of not cramming, I came up with this idea and encouraged all PF members to work together as a team to turn it into a complete system.
dial,
P.S. I'm keeping this thread open so you can post your responses here.
























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