Wallstreet Forex | New Gbp/Usd Settings

Hi Guys, Wallstreet Forex has just informed me via email that they have released a new setting for the Gbp/Usd pair. The New setting uses a tight 30 pip Stop Loss and a 90 pip TP!

"After the success of the EUR33 alternative settings, we decided to develop similar settings for the GBPUSD. The GBP30 alternative settings are already available in the "Alternative settings" section of our website.

The new GBP30 settings are very stable and secure, with Recovery Factor=26 and Profit Factor=2.1 for the last several years. For that reason, we decided to run this version together with the EUR33 version on one account (our EUR33 real money account).

Both the versions use 30-33 pips stop loss, so the "Recovery mode" option is very reasonable choice. We will run them with 7% risk (AutoMM=7) on our real EUR33&GBP30 account."

Backtesting of this new setting looks almost as good as the "Eur33" Setting that was previously released.

It would be interesting to run this new setting along with the "Eur33" setting. Although maybe without the recovery mode set to true, as this may lead to excessive DD and possibly a margin call if running with leverage of 1:50.

If anyone is running this new setting please post your experience on this blog. Thank You.

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