ibiza130black
10-08-2006 12:58, 12:58 PM
Hello everybody. Try to work with me with this please.
I did a manual backtest on the month of september ( yes I'd draw each trendline and followed each transaction ). In the backtesting I utilized the stoploss principles meaning when each transaction had reached 40 pip profit, the SL was moved into 10 and I closed the trade when an opposite trade was indied. The one thing I changed is that when a trade sign was initiated in the direction of a conducting trade, I continued the original commerce for the first profit and opened the following commerce ( this only occurred once or twice so that I really don't think that's make a massive difference ). Spreads were considered as 5 pip spread ( I suppose that is the widest I have seen ), considered news spikes and the backtesting was just on GBP. P.S: I did not shut the trades in evenings ( it was very difficult ).
The initial backtesting was on a broker with GMT timezone: There were 18 trades ( 11 profitable and seven loosers ) with the net profit of 866 pips. The most significant loss was -39 pips. The larget profit was 192 pips. There were 3 losses in a row.
The next backtesting was on a broker with GMT 3 timezone: There were 15 trades ( 13 profitable and two loosers ) with the net profit of 1395 pips. The most significant loss was -65 pips. The most significant profit was 195 pips.
I did a manual backtest on the month of september ( yes I'd draw each trendline and followed each transaction ). In the backtesting I utilized the stoploss principles meaning when each transaction had reached 40 pip profit, the SL was moved into 10 and I closed the trade when an opposite trade was indied. The one thing I changed is that when a trade sign was initiated in the direction of a conducting trade, I continued the original commerce for the first profit and opened the following commerce ( this only occurred once or twice so that I really don't think that's make a massive difference ). Spreads were considered as 5 pip spread ( I suppose that is the widest I have seen ), considered news spikes and the backtesting was just on GBP. P.S: I did not shut the trades in evenings ( it was very difficult ).
The initial backtesting was on a broker with GMT timezone: There were 18 trades ( 11 profitable and seven loosers ) with the net profit of 866 pips. The most significant loss was -39 pips. The larget profit was 192 pips. There were 3 losses in a row.
The next backtesting was on a broker with GMT 3 timezone: There were 15 trades ( 13 profitable and two loosers ) with the net profit of 1395 pips. The most significant loss was -65 pips. The most significant profit was 195 pips.