Hi Forex11,

While Igor may not have the best tact (which I think has a lot to do with his non-native english), I have to agree with him. Most system traders agree that for results to have meaning, you should have over 100 trades. When I did backtesting with this system, I went back 4 years. This system (when using the EA) only made money in the last year. If you start the EA and use data from, say 1/1/2004 to 1/1/2006, it is not profitable.

Now, having said that, that doesn't mean the system isn't profitable, or that it could not have been manually traded for profit in those back years. My concern is that this system may have just started working - quite well, mind you - when you started trading it. When MrPip has provided us with this EA, I was SO excited to see that from 1/1/2007 to 9/1/2007, this system made a buttload of money. But then when I advanced the start date further back, the profits started to shrink. Having manually traded this system when I found this thread in August (demo account.. ) - I couldn't believe how many pips I was getting.

BigBear provided some take profit points, which could also make this system profitable in those other years. I never tested it with take profit points.

I was wondering if you guys back tested this, and if you did, how far back you went? The other thing is - some systems just can't be mechanized. This system may work best when manually traded. There seem to be a few rules that are discretionary as far as exiting goes, and those can be difficult, if not impossible to code. I have yet to write a function called "humanIntuition" - although I could proabably make a fortune if I could.

Thanks,
burn0050

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