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Originally Posted by mpower
Creztor,
Thank you for taking the time to do a backtest. There is nothing wrong with backtesting--it gives a good idea of the potential of the system. The only problem for me with this system is that looking back at the charts, I see more clearly what has happened, and I see why I wouldn't have taken some trades. In live trading I take some trades, and then realize that the long term lines weren't steep enough, and I took that trade prematurely. I guess it takes practice. There is no doubt in my mind that this is a profiatble system. Good luck to everybody.
Also, the Heiken Ashi candles are very misleading, and tricky to follow when you backtest. They usually show better entry/exit prices...anyway I had never used them so I don't understand them .
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This is what I did. Set up the Indicators and go back as far as you can. Now make sure that the day you want to start with is to the right of the screen. With the -> key move forward little by little and check your system.
PeaceOut