Dec 082009
 

Trading mode: Medium risk
Trading Pair: GBP/JPY
Monthly Performance: 15-30%
Minimum deposit: $10 000
Recommended Lot size: 1.0

A breakout strategy depend on first 4H of the week. Trades outside first 4H with market direction and close only on reverse or end of week.

299$ Trial

This system is very profitable for slow trading seekers. Expected annual profit: 600% Expected maximum draw down: 15% Profit ratio: 2.5

Backtest results for last year

  2 Responses to “Weekly Trader”

  1.  

    Strategy Tester Report
    LetsFX – Weekly Trader
    AlpariUK-Demo (Build 225)

    Symbol
    GBPJPY (Great Britain Pound vs Japanese Yen)

    Period
    4 Hours (H4) 2008.08.12 00:00 – 2009.08.14 20:00 (2008.08.12 – 2009.08.17)

    Model
    Every tick (the most precise method based on all available least timeframes)

    Parameters
    LotSize=1; Days.Comment=”Day# 1=monday, 2=tue, 3=wed, 4=thu, 5=fri”; Day.in.start=1; Day.in.till=3; Day.out=4; TargetPower=4; Retries=4; Max.Gap.Allowed=2000; Magic=153; Pip.Away=200; Comment.Add=”&4″;

    Bars in test
    2567
    Ticks modelled
    14895616
    Modelling quality
    90.00%

    Mismatched charts errors
    0

    Initial deposit
    10000.00

    Total net profit
    66283.01
    Gross profit
    111678.30
    Gross loss
    -45395.30

    Profit factor
    2.46
    Expected payoff
    1086.61

    Absolute drawdown
    443.45
    Maximal drawdown
    11368.04 (22.66%)
    Relative drawdown
    24.37% (10562.25)

    Total trades
    61
    Short positions (won %)
    32 (46.88%)
    Long positions (won %)
    29 (44.83%)

    Profit trades (% of total)
    28 (45.90%)
    Loss trades (% of total)
    33 (54.10%)

    Largest
    profit trade
    8750.37
    loss trade
    -2209.03

    Average
    profit trade
    3988.51
    loss trade
    -1375.62

    Maximum
    consecutive wins (profit in money)
    4 (15085.52)
    consecutive losses (loss in money)
    5 (-6933.97)

    Maximal
    consecutive profit (count of wins)
    16205.09 (2)
    consecutive loss (count of losses)
    -6933.97 (5)

    Average
    consecutive wins
    2
    consecutive losses
    2

  2.  

    This is fantastic but definitely on the expensive side but surely this is a system that every person who desire to be successful must have. I am currently using the latest cTrader platform where I get the up to date system and advance charts so I can perform so much better and it’s provided by the Asian Champion OctaFX broker, so this is why having this system along with that is just unbelievable and really can make us succeed easily.

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