Just another way to trade Macfibo, I think it is simpler but I am not sure about others. Do you think I need to create a different/new thread for this? Or do I just keep it here?
Do I trade this? I’ve tested this from time to time… I presented this parameters/idea to one of my trading partner and he tested it two years ago and started trading live with it months ago. He claims since 27th May until today he has harvested net 408 pips on EURUSD. I’ve checked it myself to verify it and I can say it is true (around between 390 to 412 pips infact when I cross checked on different brokers/data feeds). The statistics I could gather is that it has 58% winning percentage with average winning of approx 40 pips and average losing of 14 pips. This is over 29 activated trades (pretty small sample I know…)…
Anwyay, I am willing to publish this trading strategy idea but I need to know where should I put it… here or in a new thread?
[B]ADDITIONAL : From 4th April 2013 until Today, Net Harvest : 772 pips[/B]