Simple 30

[musky]

I wonder if someone could code this into a EA to test it. Very Very simple method, thanks

[garyfritz]

I tested it in Tradestation. As a first-order approximation I didn't bother with the SL -- I'm not convinced it would help anyway. (Of course you'd need a SL in actual live trading, but I don't think it would change the backtest results that much.)

Result: not much. Most pairs averaged between 0 and 2 pips per trade, before costs. Some (like GBPAUD) lost big. The JPY pairs (except NZDJPY) did well, averaging 2-10 pips per trade.

It might be worth looking into for the JPY pairs, but other than that it's junk.

[musky]

Thanks Gary