As the description says, this system buys or shorts when the 9 ema and the 20 ema cross in the oposite sides. This is used to idetify an oversold or overbrought contition in a short term time frame. A 200 ema high and low channel is used in combination to identify the trend in a 15 min chart. This system can be slightly modified to fit other time frames or markets such as forex.
All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.