Volatility Expansion system! - Page 16

kingie_d · #**151** (**permalink**) 04-27-2009, 01:54 PM

Hello,
This is my first post here, but after reading this thread, I did a manual (eyeball) backtest on the Eur/Usd from Dec07 to now.
I used the same 70% & 50% for entries and SL and used a 2:1 TP.
Here's what I got:
Total Trades: 186
Wins: 81 (43%)
Losses: 105 (57%)

With a 2:1 reward/risk this is a pleasing result.
Eg, using 1% risk per trade:
(81 x 2%) - (105 x 1%) = 57% profit for that period.

This system looks simple and effective!...

maurice2trade · #**152** (**permalink**) 11-15-2009, 06:07 PM

Quote:

Originally Posted by walji

HI
Last year I got an EA made based on the following strategy.
I thought that with certain currencies if the pair moves up or down in a small amount of time it will continue to more in that direction for bit longer.
For example if the GBP/JPY moves up 25 pips in 10 seconds it may continue to move up. Therefore buying at that point would be a good idea. I turned this idea into an EA the inputs are:
Pip Move (ie. 50 pips)
Seconds (ie 15 seconds)
TP
SL
Trailing Stop
Anyone with experience could you have a look. Seems to work best with GBP/JPY, USD/JPY and USD/SGD with a 10 pip move in 5 seconds with a 50 pips trailing stop.
Tell me what you guys think.

Walji , this system looks great, are you still online to talk some more about it?