Originally Posted by omelette

Bill, I have just coded an EA based on a simple method you described in an earlier thread (forget which one...) - basically go long GBPJPY, short CHFJPY, open 1 microlot each day (though the PDF you posted wasn't specific, I presume that means 1 microlot per pair on alternate days?) collect swap when in drawdown and close everything and restart when a certain dollar-target is achieved.

Assuming I got that much right(!) my question to you is, from your experience, what is the maximium pips drawdown one could expect from the above combination? Thanks.