Santa's Little Helper - An RSI EA With Bells On (Apparently)

[FXColes]

I've just tripped over this and was wondering what you guys make of it - an EA that points to possible profit from the correlation between EURJPY and S&P500.

It is non-commercial, on a non-commercial traders' resource site, so I think it's ok to give a link (me no breaky rules, oh no... :clap.

 

[jw1981]

Yes, this EA works quite good. I did back test it and worked amazing.. But then again, forward testing is where the real test comes in. Steve, the guy who wrote this EA is a pro at automated trading. Given its the last few weeks of the year, i'm definitely putting aside a few $$$'s for this EA to manage.. will probably start live testing around Mid January.

Some of his other stuff included a Gold trading EA based off PSAR, which also seems to be working quite well (and before anyone asks, this Gold EA is not for sale though).

 

[NVP]

sure the E/J has a half decent correlation to the S&P

but what is more important ....

Euro's positive correlation or the JPY's negative correlation to Equities

welcome to my world .........
N