View Single Post
  #28 (permalink)  
Old 10-28-2006, 04:15 AM
forextrades forextrades is offline
Banned
 
Join Date: Aug 2005
Posts: 7
Thanks: 0
Thanked 0 Times in 0 Posts
forextrades is on a distinguished road
Default

What were your parameters for this system? The backtest doesn't seem to show positive results with default settings.

Quote:
Originally Posted by bradman
i've been manually going over the charts

2000+ pips for September

Buying when colour turns blue, selling when colour turns red.

about 850+ pips for October so far.

Will spend the night going back over the charts till 8th January 2006 when the charts start.

positive of over 500 pips a month with no month having negative in that time from rough checks.

At 0.1 Lot per $1000
1 lot per $10,000

1000 pips = 100% a month.

$1000 to $1,000,000 at 50% a month (500 pips) = 17 months roughly.
the secret is to have a system that never has a negative month - or if it is negative, it doesn't encroach on the equity too much ...
Reply With Quote

Registered members have access to special online forex currency trading tools, software, mt4 expert advisors and indicators. Register now