Senin, 13 Mei 2013

Wallstreet Forex EA | More Settings?

Good day all, Today I want to show you a quick backtest I made
This backtest is for the Aud/Usd pair and it uses the new Gbp30 settings originally for the Gbp/Usd pair.
While the DD is a little on the high side for some, I believe this is a tradable pair for these settings. I especially like it for "long": trading only as I believe the 90 pip TP could be hit a few times. The Aussie historically can breakout to the long side rendering large pip gains.
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The Set file for this backtest is listed below: Note: this is using the latest version of WSFR V4.5

Max Spread=3.5
AutoMM=7
Trade Long ONLY
Recovery=True
Friday Exit=True (close 1 hour before market close to avoid weekend gaps.)
News Filter=True (Set for live trading; will not affect backtest.)
Everything else is default except expert comment.

This post is for reference only as the DD may be too much for some.

Note: most of the DD was taken around 2008 when the markets went haywire with the market crash.

Trade these Settings

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