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Alright I have a few minutes to write a quick update. So far we have a great foundation for this system and only a few things need tweak, I'll discuss that later.
But on the bright side, even as a first draft, the system was able to be profitable. Attached are the two equity curves from the back testing used on the EUR/USD using a daily time frame. I tweaked the second one changing the take profit to 1ATRs which improved the winning %. I will be doing some more tweaking and refining much later tonight, but for now we are off to a great start.
Cheers!
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