On the programming side;
A couple of thoughts;
Does this only work on the tick chart? Have you tried different time intervals?
What you described about your system going back 30 ticks to predict the next move are called market retracements.
Someone else asked about the language, the syntax is like C. All the libraries and functions are in there to get all the informaion you need.
Once i convert my current system into META code i will do some backtesting and then we can compare results against the 2 systems. I will try to also code one similiar to yours to test your principle myself. It is something i have read about i will go back and check. If they both produce winning results; in combination they would be even more effective. Mine is a combination of indicators system (inc. MACD, volume, various moving averages, trailing stop), so trend based rather than retracements.
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Linear Mode
