Quote:
Originally Posted by oilfxpro
Hi
The 5/20/100 cross on 5 minutes ,traded between 8 am and 18.00 hours and using 25 pips to entry filter does give an edge.
Herebelow are results presented showing a profit 0f 2627 pips over 4 years.If this backtesting is correct ,one can improve the profits to 3989 by managing quick exits.The results are also presented
By using one's trading skills ,one can improve the figure to achieve a drawdown of 1/3 of three years earnings.This is done solely with a mechanical system or expert advisor as shown by the test report of 2565 profit , over 4 years and a drawdown of 685 pips, profit factor 1.43
These figures can be improved further
The orignal expert advisor is faulty and was coded by a scammer
http://www.fxfisherman.com/forums/fo...html#post18534
OILFXPRO
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8 am and 18.00 hours...This time is GMT or time broker?
Can use all pair? what is your recommend?