Thread: 8 and 8 method

Dear Sir funyoo...

Thank you for sharing your development. You are very fast as I was drafting the strategy to post it to you. Yet you have come out the EA.

I will take a look and test it out.

Thanks again and wish you a happy new year 2009.

Cheers.

Originally Posted by funyoo

Ok here is the 8 and 8 Method EA.

I've been testing this EA on my FXDD demo account, but no trade has entered as of yet. Am I missing something?

I'd like to hear about experience from anyone who has tested tis EA.

I am testing it on FXDD too. But i have 2 trades open on GU and UC. TF = daily. Setting is default. Anyone got optimised settings and TF to share?

Still, no trade. I'm using the default settings with FXDD demo account.

Well Guys,

I Bumped Into This Ea And Loved The Strategy.
But I Decided To Use 5m Instead Of Daily Chart.
Here Is My Result So Far Forward Testing On Demo.

(note That The Backtest On Lower Tf Other Than Daily Was Bad)

However, I Still Want The Author Of This Thread To Post Afresh, Details Of The Strategy Of The Ea. Bcos The Ea Did Not Follow The Template He Posted.

Good Luck To All.

I have seen this strategy before, and I am reasonably sure it is profitable over the long run. Is the daily TF the only one it makes money on?

Thanks.

HI,
Does anybody understand how and when this EA closes a trade with a loss and what the max loss is, it seems not to have a s/l?