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Old 04-19-2008, 10:45 PM
aelimian aelimian is offline
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Quote:
Originally Posted by mushy999 View Post
Could someone please backtest this strategy for me. I am no good at creating EA's but I guess someone on here could do this very simply. I have been told that this strategy is better than anything out there and I must admit that the manual test I have done in Excel looks promising.

Here it is:

It's basically a 5 minute breakout system on GBP/USD. (not tested on other pairs yet).

Entry : Price breakout above the high plus 1 pip for the last 100 periods.

Downside protection :
Fixed Exit Pips: 2000
Limit Exit Pips: 5

And that's it.

I don't have any more info than that but basically that is supposed to be the system.

Regards,

Is fixed exit pips same as stop loss?

And what is the limit exit pips? Is that same as take profit?