Sharing a method which has been profitable so far (Sharing a method which has been profitab)
Hello everyone
I read a great quote that said success is giving back more than you take. Since this forum has helped me so much, I wanted to give something back to a system that has been so profitable for me so far...
This is a system I designed that I think is pretty unique.
I've been using it on EUR/USD for about two weeks and so far the profitability factor is 1.83 and the maximum drawdown is 2.63%. I have attached a statement.
If anyone has any ideas or ideas for improving the EA, that would be great.
rule:
I read a great quote that said success is giving back more than you take. Since this forum has helped me so much, I wanted to give something back to a system that has been so profitable for me so far...
This is a system I designed that I think is pretty unique.
I've been using it on EUR/USD for about two weeks and so far the profitability factor is 1.83 and the maximum drawdown is 2.63%. I have attached a statement.
If anyone has any ideas or ideas for improving the EA, that would be great.
rule:
- Open positions at midnight GMT (I've been using InterbankFX)
- The entry position is yesterday (highest price + lowest price)/2 which is the midpoint
- Take profit is ATR(14) / 2
- Stop loss is ATR(14)/4
- Close all open positions at midnight GMT the following day
So far I have been using 0.5 lots, but now started using 1.0 lots per position
Any feedback is welcome!
Hope you like it :-)
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