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Yes this MAY solve a lot of problems. EUR/USD has 2 pip spreads with EVERYBODY. My EUR/GBP COMMERCIAL EA can't even trade right now, because of the spreads. I'm losing money, I'm working with what I can get
I'm also using Alpari..the 23-24 is the first hour of trading I believe. 3pm to 4pm eastern time. I think.
The thing is, this doesn't kick major pips like your lucky does in the Asian market with 3 pip spreads or lower but it looks profitable. I may have to raise the risks to make my goals.
This just in,
Your_Lucky_v1e with EUR/USD 5m !
Starting capital $1,000.00
01-2003 through 12-20-2008
$1,700,000.00 in 3 years
2 pip spreads baby!!
Simple settings, trading hours start 23 end 24, everything else default. Try it.
Load the EA and input my settings, then back test from january of 07 until today. I would FORWARD test it a while first on a demo account. See what it does the month of January, then maybe your good to go.
i suggest that everybody trading should just take the whole fourth quarter of the yr off and preserve you profits. you should be making more than enough the first 9 months to not have to worry about it. or at least stop trading around the holidays towards the end of November. that's my suggestion. look back as far as you want to 2005. it's always the same. profits drop no matter what if you have an EA or trade by hand.
oh, and back testing before 2005 doesn't really mean anything either. anybody could have made money back then with a semi decent program.