 RTFM? that too.......
right you are hoss, RTFM!
I have been searching almost forever for something like this -- an oscillating EA. The movement of the price thru the ranges sets up and pulls out profit little by little. The EA does a bunch of other things, but you aint gotta worry about that ( NOT! )
The suggested pairs work well with the RM strategy but you have to learn MM and have a steel stomach. it does do some trend following with the grid but it does NOT close out the trades until the price is revisited.
The biggest problems that people have with these and other systems is that they do not understand the systems or the systems are poorly supported. Poorly supported systems lead to one thing --- nervous, uninformed users that make mistakes and then crash the system. __ and __ lose__ their__money!___
Unfortunately, for those with systems that do work, developers get spoiled and fail to properly support their products. You'll see that with all of the systems no matter which one.
This however, is a decent system, but without a good understanding of what it does AND some decent MM ( money management ) you're not going to squeeze out any profits ( except give them to the developers)
masterpipper |