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Sounds nice. Will write an EA for it.
Hey ContraTrader, when coding your EA, instead of closing the positions when they meet, try putting a trailing stop instead. Let us know how it goes I'm trying to improve mine. Maybe we can bounce ideas off of each other.
its gone very quite here all of a sudden....any developments?
Dear Friends,
What are best pairs for this method?
You are actually trading the EURGBP by doing so.
There's also a simpler method I thought of: Trading Long EUR\USD and Long USD\CHF - as these two pairs are correlative negatively. This way you are 'hedging' with a chance that sometime you will be proftiable. Actually, you are trading EUR\CHF. This is the reason this currency hardly moves.