To be able to see whether the strategy has any edge at all, "Lot multiplier" should be set at 0 as in the below backtest example. (Using Martingale is never an "edge"...) image

Fractal break trading system

I guess you can use any SL or TP as long as the daily result is profitable... And of course, don't trade pairs which trigger SL...

London close trading system for currencies

I think all of us are on our own ways to that "5%" which actually might just be "2%". In my opinion it takes at least 2 years' of stable performance to get admission to "The 2% Club", however, it might take only ONE serious mistake to get ...

PipeDream?

Well said, @Tradability! The following ForexFactory thread gives a textbook example of what you have referred to: Martingaling - Looks so good until the inevitable As the author of the above thread states: "the initial deposit was $1000, ...

WinningSolution System-EA

Thanks again, Ghostbiker! You are absolutely right! Live Forward Testing is much more valuable than any kind of backtest.

London close trading system for currencies

@Ghostbiker Thanks for the info! It sounds that you already have the EA. Would you mind sharing some backtest results? Personally I would be interested in seeing DD periods and sizes.

London close trading system for currencies

Nice, logical and straightforward strategy. I assume that it could be coded into an EA, and a few backtests would give a glimpse at its long-term potentials.

London close trading system for currencies

Theoretically everything is possible, however, using M15 for backtests gives very inaccurate results (not to mention higher timeframes) as MT4 just makes "intelligent guesses" for entry/exit prices within each 15 minutes candle, and as we know many ...

Yen Trader

Thanks for the udpate! Approximately how many points has been accumulated so far this year?

Neural Network DJIA

The $8.25 absolute DD refers to the DD from the initial $100 deposit, which means only that the equity has not dropped below $91.75. Looking at the numbers closer, the "Rebaixamento absoluto", i.e. the Absolute DD was $324 which means that it was ...

Yen Trader

Yes, it is possible, but the above results are "tricky". Why? The initial deposit was $100 while the maximum ABSOLUTE DD was $251.96, which means that if you had started the backtest on the day of the max. DD, the backtest would have resulted in a ...

Yen Trader

Will keep on following the results. Would you have a MyFxBook link by any chance? (It gives better statistics.)

profitable tickscalper EA

That is exactly what I have mentioned before and suggested implementing the strategy on the REGULATED and CENTRALIZED Futures markets.

profitable tickscalper EA

Here is the link: url

+63% Verified MyfxBook Signals

Western doctors, lawyers, dentists, IT specialists make $100k+ per year for many years. Just Google it...

The Ahaaaaa Moment

For most "hobby" traders (with a day job) it is difficult to follow and trade these singals. @tandixo Have you considered starting a signal service?

My Lazy Trade

Thanks, Ruben! I will try backtesting other periods. Btw, news and unforeseen "black swan" events can cripple many - otherwise good - strategies... Just a fact.

Safe EA_ThanksGOD

Thanks! It might be interesting to test it on more trending/volatile pairs, e.g. on the Dragon (GJ).

WinningSolution System-EA

@jonirrenicus Which EA have you tested?

WinningSolution System-EA

-71% LOSS just this month (see Trade Explorer above, if not removed)... Who needs ANY MORE proof of anything...??

RevolutionaryTrader