Oilfxpro_simple support and resistance strategy

 

Hi folks

I give this E A and strategy on free licence to Elite section at forex tsd.The licence is only for use by members of the Elite section and can not be reproduced on any other message board.

This is the basic version and is profitable on Euro /usd

I would like to thank Tocatta who contributed to compiling this E A at my request.He completed the job within a few hours of being given the task.The copyright belongs to me.This is not the professional version which I use for my trading.

This strategy buys at previous day's low and sells at previous days high

This strategy can perform better on futures accounts.

Regards

El cid

 

? is this a backtest..

 
ajk:
? is this a backtest..

Yes ,the E A was compiled yesterday afternoon

El cid

Files:
s_r_tsd.jpg  198 kb
 

Hi

The 100 pips take profit is better as it gives a smoother equity curve.This strategy can compliment other trending strategies on euro/usd and can be used as part of a portfolio

Drawdown is 1 years earning with profit of 3 years over 3 years

El

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