Hi,
it’s my first post here, so hello to everyone 
So here’s what i’m confused about: I designed my first (!) Expert Advisor for Metatrader about three days ago. And it gives me pretty good results, one could even say “too good” results for a beginning newbie, so i’m wondering, if i’m missing something.
The system uses 5 Exponential Moving averages on 5 minute chart. EMAS go as follows - 30 bar, 90 bar, 270 bar, 810 bar and 2430 bar. When all five of them gather together, i place buy stop order above the price and sell stop order below the price. I place many small orders, the number of orders depends on how long the EMAS-s stay together. And i use no other technical indicators.
I havent traded the system yet, i have only backtested it on Metatrader strategy tester. The results are pretty good - backtester showed me profit even on 4 years - from september 2004 to september 2006. But i somehow think that this is too easy 
and that i’m overlooking something.
So, i would be very thankful, if you could just quickly check out my results - Strategy Tester: breakout and give me some hints, what is the mysterious thing that i’m overlooking.
It’s for last 12 months, and the drawdown is pretty high. But then again, i’m not planning to start trading with only 3000 USD, so if i traded the same system say with 10 000 USD, the drawdown would’nt be so bad, but the results would still be rather ok.
regards, turm0il