Hey everyone,
I've been following this thread a bit on moneytec (
http://www.strategybuilderfx.com/for...ad.php?t=14293) and I was pretty amazed by the results. This is suppose to on the beginning of the New York market and European market.
Here is the link to the actual strategy:
http://www.tradecurrency.ca/daytrade.htm
Let me know if this is possible to get programmed and onto metatrader as the backtesting results are impressive:
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These are just the trades for 04/07 through 04/22. During the week 04/11-04/15 the system yielded 544 pips. During 04/18-04/22 the system made 1492 pips. I hope someone can backtest for a further period of time or try to test this system live.
Trade Totals :
145 Winners 3028
29 losers 556
Total 2472
83% Winners
17% Losers
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Trades After 8 am EST:
84 Winners 1827
20 Losers 376
Total 1451
81% Winners
19% Losers
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I backtested the majors: EUR/USD, GBP/USD, USD/CHF, and USD/JPY. Here is a better breakdown of the trades.
USD/CHF 35 trades generated for both periods (2-4 and 8-12)
04/07 - 04/22
28 Winners: +773
7 Losers: - 140
Total: +633
80% Winners, 20% Losers
Best Day: +115 on 04/18, Worst Day: 04/11 +3
USD/CHF 21 Trades generated for 8-12
17 Winners: +510
4 Losers: -80
Total: +430
81% Winners, 19% Losers
Best Day: 04/08 & 04/18 +72, Worst Day: 04/13 -12
EUR/USD 45 trades generated for both periods
40 Winners: +752
5 Losers: -93
Total: +659
89% Winners, 11% Losers
Best Day: 04/18 +126, Worst Day: 04/07 +18
EUR/USD 26 trades generated for 8-12
22 Winners: +452
4 Losers: -73
Total: +379
85% Winners, 15% Losers
Best Day: 04/08 +64, Worst Day: 04/18 +5
USD/JPY 46 Trades generated for both periods
39 Winners: +608
7 Losers: -123
Total: +485
85% Winners, 15% Losers
Best Day: 04/22 +101, Worst Day: 04/13 -20
USD/JPY 30 Trades generated for 8-12
23 Winners: +357
7 Losers: -123
Total: +234
77% Winners ,23% Losers
Best Day: 04/22 +52, Worst Day: 04/13 -23
GBP/USD 48 Trades generated for both periods
38 Winners: +895
10 Losers: -200
Total: +695
79% Winners, 21% Losers
Best Day: 04/22 +96, Worst Day: 04/11 +2
GBP/USD 27 Trades generated for 8-12
22 Winners: +508
5 Winners: -100
Total: +408
81% Winners, 19% Losers
Best Day: 04/08 +81, 04/19 Break Even
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Everyone, Here is the data for this week along with a running total of the system since I have been backtesting it. I am only going to record and show the data for the American session (8am-12pm) because its really a hassle to do it for both the American and the UK session.
For the week of 04/25 through 04/29 :
USD/ CHF 12 trades
11 Winners: +224
1 Loser: -20
Total: +204
92% Winners, 8% Losers
Best Day this week: 04/29 4 trades, 4 wins: +94 total
Worst Day this week: 04/25 3 trades, 2 wins: +11 total
EUR/USD 13 trades
10 Winners: +162
3 Losers: -60
Total: +102
77% Winners, 23% Losers
Best Day this week: 04/29 2 trades, 2 wins: +55 total
Worst Day this week: 04/28 4 trades, 2 wins: -21 total
USD/JPY 9 trades ALL WINS!!
9 Winners: +124
0 Losers: 0
Total: +124
100% Winners
Best Day this week: 04/29 3 trades, 3 wins: +44 total
Worst Day this week: 04/25 1 trade, 1 winner: +11 total
GBP/USD 9 trades
7 Winners: +173
2 Losers: -40
Total: +133
78% Winners, 22% Losers
Best Day this week: 04/28 1 trade, 1 win: +36 total
Worst Day this week: 04/25 1 trade, 1 win: +19 total
TOTALS FOR 04/07 through 04/29
USD/CHF 33 Trades generated for 8-12
28 Winners: +734
5 Losers: -100
Total: +634
85% Winners, 15% Losers
Best Day: 04/29 +94, Worst Day: 04/13 -12
EUR/USD 39 trades generated for 8-12
32 Winners: +614
7 Losers: -133
Total: +481
82% Winners, 18% Losers
Best Day: 04/08 +64, Worst Day: 04/28 -21
USD/JPY 39 Trades generated for 8-12
32 Winners: +481
7 Losers: -123
Total: +358
82% Winners ,18% Losers
Best Day: 04/22 +52, Worst Day: 04/13 -23
GBP/USD 36 Trades generated for 8-12
29 Winners: +681
7 Winners: -140
Total: +541
81% Winners, 19% Losers
Best Day: 04/08 +81, 04/19 Break Even
Overall I would say it was quite a good week. +563 Total for this week. I believe that so far this system is averaging 500 or more pips a week
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So there you have it, looks really impressive and hopefully could be added in the fxfisherman bot?
