Help needed to automate 2 mechanical strategies found on the Internet

[Yanbin Wu]

Dear all,

I came across 2 free mechanical trading systems on the Internet. Just wondering if some programmer out there can write a program for these 2 strategies & test to see if it works. Quite curious to know how profitable these 2 simple systems are.

For any queries, please e-mail me at [e-mail]

Thank you & I look forward to hearing from you.

Regards
Yanbin

[Yanbin Wu]

System Name	Robinhood
Indicators required	1) Slow stochastics – K period =120, D period =3, Slowing =3 2) Fast stochastics - K period = 15, D period =3, Slowing =3
Currency Pair/ Timeframe	EUR/GBP 1 Min
Condition for Open Positions:	BUY 1) Slow stochastics >=85 2) Then, wait for Fast stochastics <=40 3) Enter to BUY with stop loss of 35 pips 4) Profit objective = 50 pips or Fast stochastics reaches 95 whichever occurs earlier SELL 1) Slow stochastics <=10 2) Then, wait for Fast stochastics >=70 3) Profit objective = 50 pips or Fast stochastics reaches 5, whichever occurs earlier
Quantity of opened positions:	1 position at a time ; 2% of trading capital
Other conditions:	After BUY trade, look for SELL trade & vice versa. Don’t go for 2 consecutive BUY or SELL trades.

[Yanbin Wu]

System Name:	Slingshot
Condition for Open Positions:	BUY 1) Initial “set-up” price bar must be at least 15 pips (Diff bet High & Low) 2) Enter to BUY when the next bar breaks the LOW of the initial set-up bar and retraces back to the Closing price of the initial set-up bar SELL 1) Initial “set-up” price bar must be at least 15 pips (Diff bet High & Low) 2) Enter to SELL when the next bar breaks the HIGH of the initial set-up bar and retraces back to the Closing price of the initial set-up bar
Quantity of opened positions:	1 position per pair. 2% of trading capital on each trade
Condition for Closing Positions:	1) Close position at the end of the entry bar if profit >= 0 2) If profit <0, wait for the price to retrace to Profit =0 or when stop loss is hit, whichever occurs first.
Stop loss and Take profit levels, trailing stop usage:	Stop loss for BUY = 1 pip BELOW the LOW of the entry bar Stop loss for SELL = 1 pip ABOVE the HIGH of the entry bar
Additional indicators usage:	None
Other conditions:	1) Trade time : 0700 GMT to 2000 GMT 2) Currency pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF 3) 30 Min charts 4) No trades on Fridays

[Brian Dee - Random Trader]

These are free for a reason

I think both relate to patterns prior to this year!

So... you trade them manually, tell us which works (if either), what additional indications actually make them work, what Profit Factor you get & then someone might code it :)

Good Luck

-BB-