DislikedI'm doubt on their test report.
For example, the test on EURUSD 10 pips trigger on 4H chart with 20 pips SL showing this:
Net Pips Movement --- Probability --- Profit Factor after 5pips transaction cost
10 --- 91.4% --- 2.13
20 --- 85.3% --- 3.48
30 --- 79.8% --- 3.95
40 --- 74.8% --- 4.16
50 --- 70.8% --- 4.36
60 --- 66.6% --- 4.39
70 --- 63.3% --- 4.48
80 --- 58.7% --- 4.26
If this is correct then I would kill myself for not trading forex in 2000-2004.Ignored
I read the report and they claim they watched price for 24 intervals afterwords.. so from what they said I believe they may have done a test like this..
ok price went up 10 pips.. over the next 24 hours what is the probability it will go up another 10 pips from that point
so everything in between is fucked right... I felt the same way.. there are still a lot of questions when you read it...