Quote:
Originally Posted by mushy999
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?