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10 PiPs Pro EA


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Re: 10 PiPs Pro EA

 

Backtest 2009

84% loss of equity.

http://i45.tinypic.com/qz1x10.jpg

 

This latest version only allow maximum of 1 trade per day and works superbly for EUR/USD, USD/JPY and EUR/GBP pairs.

One trade per day is a good idea for this EA.

The losses can be reduced dramatically with that strategy.

 

Example:

23 2009.01.06 00:00 buy 12 11.20 1.3634 1.3334 1.3644 0.00 111565.15

24 2009.01.06 01:49 t/p 12 11.20 1.3644 1.3334 1.3644 1120.00 112685.15

25 2009.01.06 02:00 buy 13 11.30 1.3646 1.3346 1.3656 0.00 112685.15

26 2009.01.06 13:44 s/l 13 11.30 1.3346 1.3346 1.3656 -33900.00 78785.15

First trade of the day hit TP.

Second trade hit SL.

 

Next example:

29 2009.01.06 14:30 sell 15 8.00 1.3318 1.3618 1.3308 0.00 79575.15

30 2009.01.07 10:41 s/l 15 8.00 1.3618 1.3618 1.3308 -23988.00 55587.15

We had TP hit with first trade on Jan-06.

If we let the EA continue to trade it hits SL at 13:44 and opens a "sell" at 14:30 which hits SL next day

at 10:41.

 

Only taking one trade a day - hoping for the best - makes sense.

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