This is my very first article on Fore Factory. I've been browsing the forum for some time attempting different trading egies and such.

A couple of days ago I met with a friend that has been trading for a few months now. He showed me that the egy that he used, but wasn't sure precisely what it was (a friend of his had just shown him how to interpret the indiors). I'd like to find out more about the machine, if there's anything more to know and possibly some advancements.

This is the system:

Software 4 Indiors:

Linear Regression with a period of 14
MACD
Easy Moving Average - Stage of 10
Parabolic SAR

Whenever the Linear Regression and the SMA cross you enter into the transaction. Enter the trade in case the MACD crosses too and also the SAR is going in exactly the exact same direction as the currency.

He places his stop at the next smallest or next greatest candle.

I'd like to find out more about this system before I think about using it. If anyone has any ideas let me know.

Additionally, he utilizes IFX Markets trading software from CBFX. Anyone know about these?

Thank you!

-Nathan