Dec 082009
Trading mode: Aggressive
Trading Pair: EUR/JPY, GBP/JPY
Monthly Performance: 25-40%
Minimum deposit: $10 000
Recommended Lot size: 0.1
This is the famous strategy that every trader may hear about it. We extend the strategy and developed it to become a successful system.
Orders start normally by 0.1 lot then multiplied on the stop point and so on. Minimum Balance for this expert is 25K USD and start always with 0.1 Lot size.
Strategy Tester Report
LetsFX – Follow The Price
AlpariUK-Demo (Build 225)
Symbol
USDJPY (US Dollar vs Japanese Yen)
Period
1 Hour (H1) 2009.01.02 06:00 – 2009.12.16 23:00 (2009.01.01 – 2009.12.17)
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Lots=0.1; MaxLots=9; StopOnMax=false; StopLoss=450; TakeProfit1=450; TakeProfit2=550; LotsToMakeProfitEqualStop=0.4; tmp2=”======== Edit here 1=Buy 2=Sell ========”; StartBorS=0; MarketAt=0; MarketAfter=400; tmp1=”==============================”; StartTime=5; EndTime=16; Market.At.Pivot=false; Continues=true; TimeGapSeconds=60; ClearSymbols=true; Magic=101;
Bars in test
6919
Ticks modelled
9955919
Modelling quality
90.00%
Mismatched charts errors
0
Initial deposit
10000.00
Total net profit
13648.33
Gross profit
59387.63
Gross loss
-45739.30
Profit factor
1.30
Expected payoff
16.68
Absolute drawdown
4961.04
Maximal drawdown
10394.54 (67.35%)
Relative drawdown
67.35% (10394.54)
Total trades
818
Short positions (won %)
410 (49.51%)
Long positions (won %)
408 (47.79%)
Profit trades (% of total)
398 (48.66%)
Loss trades (% of total)
420 (51.34%)
Largest
profit trade
2953.38
loss trade
-1472.38
Average
profit trade
149.22
loss trade
-108.90
Maximum
consecutive wins (profit in money)
8 (517.02)
consecutive losses (loss in money)
13 (-5834.08)
Maximal
consecutive profit (count of wins)
5906.76 (2)
consecutive loss (count of losses)
-5834.08 (13)
Average
consecutive wins
3
consecutive losses
3