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Originally Posted by GP2X
I found the best BT test on H1 instead of M1. It coverts a 500 account to 4M in one month. Last night I launched it in my 10000 demo account, for EURUSD and USDJPY only. This morning the balance is above 40000.
The default settings adjust the lot size, it's using huge lot size to grow fast. Even if I disable it and use 0.1 fixed lot, it still gave more than 90% win rate on most pairs(H1). The only problem is, most positions were hold less than 1 minute, with only 1 pip gain. I don't know if any broker would allow you play like this.
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I recommend that you let it trade for few days and see what it does. From what I see by letting it trade on EUR H1, it makes only 1 pip gains but loses 7-10 pips on many trades so it sinks fairly fast. If you follow the trades on backtest, you'll see that they are flawed. How does it know on a H1 bar that after a minute it should take 1 pip profit? It "assumes" during that hour that everything goes in its favor and posts a lot of favorable trades. This is why you see such an incredible high winrate and profit. Nevertheless, it is worth (perhaps) wasting some time on it..just don't get your hopes high