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Opps, the author made a mistake and posted the wrong EA...
I am attaching the correct one here or you can follow the dev of this EA at:
http://www.fxfisherman.com/forums/showthread.php?t=332
or
http://www.strategybuilderfx.com/forums/showthread.php?t=15706
RSX profitable
Hi people, can anybody make some EA from this simple strategy????
RSX(14) See in the picture, i think that the situation is completly clear!! This strategy is profitable more than 80% if you entry at right time. Never happens to loss two times in order, so my recomand its: if you use stop loss (not bigger than 20% of your take profit) to set next order martingale with double lot bigger than first, and if you loss again the third and last order should be double bigger than third order.Use breakeven if your price didn't touch take profit.
If you dont use stop loss, you should be have a good money menagment and patience, what is the better way for successful trading, and sure bigger account$$$$$$
Regards.