Hey guys, as for me I am going to dive into the smaller timeframes with this strategy, and see what I can get. I am not tryn to be a clone, but but if this stratefy is executed well, and with patience, one can get a bigger win percentage than many strategies out there, whilst maintaining a good R:R ratio. The originator of this strategy also traded in small timeframes, like 15m, 30m, 1h, as well as 4h and D1. Have a look at what he put on the old forums like the 2nd week of testing his strategy, from this link :
http://forex-strategies-revealed.com/ad ... gy/cpage-4
Submitted by Myronn on October 10, 2008 - 15:09.
Hello all,
I think it will be worthwhile to present a brief summary of this week's trading(6th-10th Oct 2008) results using the trendline trading strategy:
Total Trades Taken=62
Winning Trades=39
Losing Trades=21
Break Even Trades=2
..............
I shall not put the umbers, as I dont want to be driven by them, but I have been studying the original post to the dot.... and most of the illustrations were made in lesser timeframes, and so were some of the trades.