Kenny,

Sorry, I missed the response on this one in my last post.

Trends are a non-issue, and can easily be observed on the equity curve by the long spaced gradual inclines. Ranges are preferred; those would be the up spikes on the curve. As far as weakness goes, I'm not sure that there is one. Of course I've been around long enough to know that the market is capable of all things at all times. This is the so called risk we take. Arbitrage is only possible by exploiting a broker's administrative screw-ups... and who's got time to mess around with that.

The new philosophy:

After we wrapped up with the discussion in the Randomness thread, I came to a few conclusions. The culmination of these conclusions led me to a new philosophy... that's what I'm testing with this EA.

The system is not designed from my usual approach: "exploit the probability of what might happen". Instead, it is designed on the basis of: "exploit what is not likely to happen." We'll see how it goes... that curve can fall off a cliff whenever the market decides that it's time for it to do so. However, I'm going to be there watching it when (or if) it does. While I'm watching, I'll be taking notes on why the "typically out of character" price action is occurring. Then it's back to modifying and tunning for another go.