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Old 12-23-2007, 10:10 PM
oilfxpro oilfxpro is offline
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Quote:
Originally Posted by omelette View Post
Oilfx, where did you get this statement from?

I gotta say, I think those trades look pretty good. This is basically a scalper, so a 35 pip SL is reasonable imo, if only to account for the volatility you speak of - afterall, that same volatility is great if price moves in your favour. Also, the frequency of trading is very low and evenly distributed (for a scalper) so your fear of getting wiped out by volatility seems unfounded - volatility has been huge recently, and this has done very well!
These figures look to good to be true.Aprroximately 150 pip drawdown and 750 pip risk reward

The backtests show 6.5 % drawdown using 30 m charts

Anybody (no accomplices please) use this software?

Regards

OILFXPRO

Last edited by newdigital; 01-06-2008 at 07:21 AM. Reason: Forexeasystems website link was deleted: members reported about some action which website is doing with PC trying to be in to