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Old 05-15-2008, 11:49 PM
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Version 15

Enforcer,

This is a wonderful EA. It backtests very easily and as the name indicates, it takes pips! I tried to backtest with the exact same settings used in your picture 15c. I come out with a little higher drawdown (~68%) but the profits were higher. I figure if you can backtest through the lean months of last summer and run tests to include the really rangy August, October and November 2007 months, this EA will fly on the GBPUSD charts.

I'm currently backtest Profitskew on a risk level of .5 with moneymanagement on. I left Trendspacing at 1000 but slid the ARSI trigger back to .008 and left profit target at 1 then ran with it. It backtested well Aug 2007 through Jan 2008.

Profitskews were stable at 4 although it tested to 4.75. Your profitskews work just as well on the moneymanagement feature as well as the profittarget feature. The base lots were coming back at .03 and the profit target was being set initially at 12 dollars on the profit skew of 4. Results are yielding an average of $1000 per month profit!

Can you give us an explanation of the Adaptive RSI Indicator and what .007 trigger really means to us novices? Also, if iTrend is set at false, does it need to be on the chart?

Also, do you have any suggestions on which settings should be "messed with" with other pairs, i.e.: EURUSD, USDJPY, EURJPY, EURGBP, CHFJPY?

thanks...and great work!

v/r

Jeff
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