Here is an outline of a system that is in use by a professional fund manager, and i also happen to use to do my trading with. I did not build the system, though i have built many others.

Every EA (expert adviser) has pro's and cons, and i have spent years and years designing testing and building them. Now im using this system, i believe its the best i have seen. The author has many managed accounts running it, and i have a few of my own as well. I have posted a summary below, and you are invited to download a free trial and run it for as long as you like.

A lot of Forex products are BS and dont deliver. This one i have to say, meets my (high) expectations.


The logic behind Point Break trading system.

The system was developed with the understanding that the market goes where it wants to and when it wants to; we don’t know and will never now with long term accuracy which direction it will go. Our system goal is to go with the market, especially with the trend.

The logic is called adjusted pyramiding system. Pyramiding is a popular
technique of adding to positions as the market is moving in your favor based
on technical analysis.

Point Break trading system work best on a trending market.

Some of Point Break features:

Small trades are continuously added above and below the opening position.
The system will use pyramiding, hedging or closing some positions depends which way the market moves.
All trades are closed only when a net profit is reached and added to your account balance.
Built in money management will automatically calculate the correct position size for your risk level.
Can use as a full automatic trading system or use it to create your own
trading system.
Point Break version 5.0 works on EURUSD pair only, using M30 period.

Brief explanation on POINT BREAK performance
(Using market condition for EURUSD 2004-2007):

Point Break EA works very smoothly from Sept 2004 to Dec 2005 where the
market is trending. In 2006 EURUSD was choppy, especially May, 2006 to Nov,
2006. In a very choppy market like this, the cycle becomes longer in terms
of needing time to close all positions with profit. This can be up to 5
months.
In 2007, the EURUSD market started trending again and making money quickly, especially during Oct and Nov 2007.

No matter what the market conditions are, Point Break will close all
positions with profit; this makes this EA one of the most consistent money
makers trading program available in the market.

For information on current Point Break forward testing on Demo account and
Live account result, please visit our website (PointBreak Forex EA).
After you understand the logic behind Point Break, you can use your own
trading system to increase Point Break performance; decrease drawdown and
time need to close profit the cycle.

CONCLUSION

The Point Break is a very powerful trading system.
Point Break will make consistent profits over long time period as long as
you do not overtrade.
With the diversified execution time and strategies, the consistency of
closed out profit potential not only increases, but also the probability of seeing extended drawdowns is dramatically decreased also.
The probability of seeing more than 30% drawdown with Conservative setting becomes almost mathematically impossible.
Further, all of the normal cautions associated with Point Break system, such as having continual, uninterrupted online access is very important.
I would encourage you to try this system on a demo account for three months first..

LIVE RESULTS

The demo account that start at $25,000 (Dec 2007): $29,720 now (Very
Conservative)... almost 20% profit in 3 months.

The demo account that start at $20,000 (Oct 2007): $46,480 now (Very
Aggressive).... more than 100% profit in 6 months.

The following live account was run on risk level 1 - Very Conservative, since the start of this year (4 months). The account has gone from 3k to 3.6k in that time, on the most conservative setting.

For more details, please email me at support(at)myfxtools.com, or visit the site. Thanks.