Originally Posted by colnc

Forextsd is a great trading development site, lots of help from traders and coders. Here is what I have been watching lately, tell me what you think.

EUR/USD 5 minute charts. Attach BykovTrend_Sig with inputs of RISK @ 20 and SSP @ 25. Add XO indicator with Kirper input at 5.0. I also will use pivot points but they don't come into play very often. When Bykovtrend signals come (in the form of arrows) wait until the close of the 5 minute candle if it matches the XO indicator (green is buy, red is sell) then take the trade. Take profit at 3-5 pips (don't have stoploss figured yet but trades rarely go over 8 pips negative).
Most days have anywhere from 5 - 10 positive trades. The main problem is sitting at the computer all day for so not very many pips can get old real quick. Being that this is a simple idea, can it be made into an EA and autotraded? I'm not a computer whiz (I can't even attach the indicators to this).
Any help would be appreciated, I have been forward testing this when I have the time and it has been good. By the way I also trade with Oand# and their 1.5 pip spread on EUR/USD is the only way this works, 3 pips is too much to overcome for this system. Can't trade with them until late Sunday when the spread comes down. And this is not scalping either some of these trades take 30+ minutes.