Wow Oilfx, never thought I'd hear you say something positive about Hans' strategy - you have always been less than complementary in the past...

FWIW, I forward tested this strategy for almost a year, until another strategy on the same account blew it, so I never bothered restarting it. And yes, it was profitable during this period. Unfortunately, the drawdowns that it sees would ensure that I would never trade it with real money - but that's just me...

Jgerousis has been live-testing this since Jan '07 but the link he posted a page or so back now goes to some ugly advert site, not the cool multiple live strategy results he had before - shame...

Omlette

A 1500 pip drawdown for 4 trades equates to around 400 pips average per trade/pair.It is in line with most of the profitable strategies

You have to look at all these strategies negatively and the worst case scenario

Traders misused the strategy and relied on it solely

No reason why it can not be used as part of a portfolio of expert advisors

OILFXPRO