Ok, as I don't have the data from Alpari for that pair I tried it with EUR/USD and with different settings and the results are interesting:



If you reduce the stop loss then the drawdown is reduced, but so is the profit, so I guess with this basic setting at the moment you can choose your level of risk. The new version I will post soon takes into account an advanced MA instead of the High for so many periods and it outperforms much better.

I have also collected some stats that are very interesting and could be built into most of the EA's on this board and WILL improve the results of all EA's but I will post over the next few days.

Also, if you don't trade on Fridays that improves the results too.

Regards,