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and for the results after one week of testing here
and the differences in result of PG2.6 and PG 3.2.2 here
Up until now, I see that PG is not profitable on D1 charts. Try H1.
I am going to update my statements every end of the week. BTW, please follow the link in my signature and download the MT4report software to be able to see instantly how each currency pair perform.
I just started testing yesterday, so I started with 2 pairs, GBPUSD,EURUSD.
I only had 1 trannsaction in nearly 2 days. ????
It appears that holyguy7, your stats show 5 closed trans and 1 open on the same 2 pairs, any idea what I am doing wrong, I would like to help with the forward testing but I am missing or have something set wrong?
Here is a summary of my findings on PG.
I've been teting 1H with v3.2.3 default settings apart from baropenpercent 0.6 and no TP (I figured let the obsolete setting decide when the market has changed).
I have concentrated on 12 pairs and their relationship with each other.
Quite often PG will open a long on USD-JPY then also USD-CAD and then for some reason opens short on USD-CHF. That causes two trades in effect to be negated.
Similarly, you get EUD-USD one direction and GBP-USD the other. Again, a no win situation.
Same story with the JPY pairs.
Anyway, here are the top 12 performers in order of net pips forward testing from 1 week ago, trades open 24 hrs.
1. GBP-USD +730
2. USD-CHF +340
3. AUD-USD +290
4. EUR-JPY +287
5. USD-JPY +278
6. EUR-USD +140
7. GBP-JPY +77
8. EUR-CHF +0
9. NZD-USD -40
10. CAD-JPY -168
11. AUD-JPY -228
12. USD-CAD -296
I would definitely recommend switching off the expert advisors button on big news days like yeterday too
Mike4x.
Here is a summary of my findings on PG.
I've been teting 1H with v3.2.3 default settings apart from baropenpercent 0.6 and no TP (I figured let the obsolete setting decide when the market has changed).
I have concentrated on 12 pairs and their relationship with each other.
Quite often PG will open a long on USD-JPY then also USD-CAD and then for some reason opens short on USD-CHF. That causes two trades in effect to be negated.
Similarly, you get EUD-USD one direction and GBP-USD the other. Again, a no win situation.
Same story with the JPY pairs.
Anyway, here are the top 12 performers in order of net pips forward testing from 1 week ago, trades open 24 hrs.
1. GBP-USD +730
2. USD-CHF +340
3. AUD-USD +290
4. EUR-JPY +287
5. USD-JPY +278
6. EUR-USD +140
7. GBP-JPY +77
8. EUR-CHF +0
9. NZD-USD -40
10. CAD-JPY -168
11. AUD-JPY -228
12. USD-CAD -296
I would definitely recommend switching off the expert advisors button on big news days like yeterday too
Mike4x.
Hi mike4x,
Could you please post your demo statement please?
The reason is I would like to know what time each trade was taken and compare it to mine. Thanks
I have similar results to you as far as PG opening conflicting trades such as buy Euro/Usd and sell Gbp/Usd at the same time.
I have 2 questions for you:
1. Are you using version 3.2.3 OR 3[1].2.3?
2. You stated no TP, but do you use a SL? If so what setting?