Hi Folks,

My friend introduce me to this system where you chart an indior chart solely predied on pricing. He used this from the futures market. And I believed that I will discuss it with you guys. I manage to backtest this manually back till July 2009. I'm looking out for any huge losses.

The formulation is

(SMA of open-close for final 5 interval / SMA of high-low for final 5 interval)*40 40

Mark of those 40 and 65 amounts and trade long if it touches 65 level and brief the on the 40 degree. You'll be at the market 100 percent of their time. Stop Loss will be the when the next trade is triggered.

The logical is based on price action exclusively to discover the underlying tendency.

Manual backtest reveals it's some possible particularly about the major pairs.

Please be aware that this is a long term egy. Please see attached chart.

I did the amounts manually on a spreadsheet as I am not an indior developer.

Note: I posted this in Trading Discussion when I should be posting here. Is there any way I could delete the other discussion? Except for that.