Forex Howto

I’ve been testing (very small amounts of live money) a strategy that seemed to be basically foolproof. Today I realised it isn’t!

It’s a mean reversion based strategy which is mean reverting, though unfortunately there is some creep in it which changes the status of the mean reversion without the position coming good.

I was trading it on 5 minute charts however since my losing trade I might switch to the 1 minute chart and see how we go, I think the trick might be to keep the position holding time as low as possible.

I won’t have time to thoroughly test this strategy for a little while (proper work calls).

I’ve decided to just enter this EA into the Automated Trading Championships and see what happens, I have no doubt that I won’t be winning, though I’ve simply run out of time for something better this year