Hi all,
Sorry I haven't added much to this thread since I started it, but I would suggest to Jorgka to review the paramaters that I explained in the beginning of this thread. If you use 1.0 the EA will not be profitable, but if 1.9 is used, the EA will be very profitable. There will be losses, but the gains are enormous. All the EA has to do is buy or sell once a cross is confirmed on the 30min chart of Cable, USD/CHF, USD/JPY, and EUR/JPY. If you can program the EA to sell or buy twice as many shares as are currently in the position, this will allow the one position to close while opening the next position for the same amount but in the opposite direction.
The beauty of the EA is that you don't need a stoploss because there will always be another cross that will end the current position. Believe me, with this EA you don't need a stop loss. Now be careful in programming the close/open position as explained above because it is possible the the previous position may not close when selling or buying twice the amount of the open position. I've seen it happen where it just opens a completely new position for twice the amount of the previous position without closeing the previous position. For example lets say that you have a long position for 1 standard lot. The next cross comes and so the EA sells 2 standard lots. This should sell all of the first standard lot, closing that position. There will be 1 short lot left over which is the new position in the opposite direction. That is the ideal. I've seen it happen where instead of just ending up with 1 short lost you might still have the 1 long lot open and 2 short lots. That is what we want to avoid.
Another problem that must be dealt with is that of making sure that the EA only executes when the lines have completely crossed and not when they are crossing because you will get a lot of opens and closing of positions while it crosses. The EA really doesn't need to be more complicated that what I've put here. The only added feature that is needed is one that could increase the # of lots as the account grows, but once that is in there and the EA is programmed correctly, it really doesn't need to be complicated anymore. It will work if programmed right. Like I've said before, I've manually backtested this strategy, and the results were awesome. I think the key is making sure the EA does exactly what we want it to.

Thanks for your help,
Huhenyo