So I remember finding this a while ago and ignoring it because it didn't work.. Now I got an email from a friend of mine that is a forex broker and found it quite interesting. Maybe we can have a little "post your results"?
Lets see now from what I can tell this is pretty accurate to the foreign exchange. Just by using the MACD or any other type of moving average we can almost guarantee a 60% success rate. The program works like this:
A coin flip with a 60:40 winning ratio, you start with an equity of $10,000. In the position size you put how much you want to bet (we can also think of it as how many lots to trade per whatever take profit)
What you do is run the program I attached (you will need Excel) and in the "Position Size" enter the bet amount and press enter. After every trade it will tell you if you won or not, and apply it to the chart on the right hand side.
If anyone doesn't understand I will gladly make a walk-through for this, the credit goes to
Mechanical Trading Systems - Money Management where I got the program from.
I will post some of my results in the next post..
NOTE: YOU WILL NEED EXCEL TO MAKE THIS WORK! IF IT DOES NOT WORK PLEASE CLICK ON TOOLS -> MACROS -> SECURITY -> MEDIUM AND REOPEN THE FILE
THE EXPERIMENT
To save your results please click on the "RESULTS" tab at the bottom of your screen. Copy the "Short Report" at the bottom of that page and paste it here on the forums
ENJOY!
