Developing a systematic approach to trading
March 13, 2006 by Trader Rich
After days and days of backtesting, I think I have found a simple system that works for me. I backtested it over the last 5-6 months on the EUR/USD 60-minute charts. Of course I understand that there are no guarantees that this system will work well in the future too. But it does feel really good to have designed a system that I can use going forward. My goal over the next month or so is to trade religiously using this system and being the gambler I am do so using my live trading account. It actually feels really great to have a system that is going to generate long, short, cover, and sell signals right on my charts. Here are my backtested results:
Popularity: 3%



































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