RickW00716,
Since I trade this system manually, I prefer a 5M chart. I have not traded this system in a live environment, but this system is 6 months in the making and has performed admirably. To be frank, I have not traded any system in a live environment due to the fact that I still consider myself a "newbie". Before risking a cent of my hard earned money, I want to make sure beyond any reasonable doubt that I can make money trading. And I believe that it is possible with this system. Let me know if you need any more information.
luxinterior,
As I stated above, I have not traded in a live environment, due to the above mentioned reasons. I have not calculated my percentage returns, but I have opened a new demo account just for this system. I started with $5,000 and I'm up to about $28,000 over the past 10 weeks, you do the math. As far as the max drawdown goes, I do not concern my self with that due to the fact that my trailing stops take care of that. The way I currently trade this system it is more closely related to "scalping". But if this system was developed into and EA it would facilitate long term trades.
I realize that the people with the skills necessary to code this are by nature very busy people, as are the rest of us. That is why I have been talking to several different c++ programers. I am currently negotiating project prices. If I pay to have this system developed, I intend to share it with the community that has helped me so much. My primary intent was not to create this thread in the hopes that someone would code this system. It was more of an act of sharing and if anyone wanted to contribute, so be it. If not, no harm no foul.
Thanks All,
DREWP
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