Topic: Help with closing points...
Hi I just discovered this program and it's amazing. Now if I could only figure how to use it effectively!
I was just trying to make a simple strategy with MACD crossovers on a Eur/USD hourly chart. I had come up with a pretty profitable strategy that enters and reverse on MACD signal line crosses and exits at any time when a large period SMA is hit. However, if I set the closing point to "Moving Average" I can not add any closing logic conditions because you can't do that if your closing point is Moving Average. What I essentially wanted to do was close the position at the SMA ONLY IF the MACD was below the 0 line, or some other related condition.
How do I do this?!
Also, on a more important note, if I use a few systems that seem to be consistently profitable I will test them in my broker's practice account, but how accurate is this exactly? I mean using data from a 3 year period from about the beginning of 07 to September 2010 from the Eur/USD. If I take a strategy that appears to be consistently profitable on just the one pair for a 3 year period, can I assume it should be profitable in the future? Are there strategies that seem to work with several different pairs? Because it seems most strategies that appear to be incredibly profitably with the EUR/USD will quickly empty your account with GBP/USD or USD/JPY