Hi guys,
So I just spent the last couple months developing various EAs, and ended up with one that works for most major currencies and back-tested it for 10 years giving below equity curve :
Test results are as per below:
Total Profit: 15,270
Total profit all trades: 80,279
Total Loss of all trades: 61,010
Commissions: 3998
Turnoverin millions: 83.65
Profit Factor: 1.32
Expected Payoff: 47.99
Gross points(pips) won: 16,055
Gross points(pips) lost: -12,202
Net Profit/Loss in point: 3,853
Max equity : 66,368
Min equity: 48,040
Positions total: 1673
This is by using a fixed lot,SL and TP levels over all 10 years. I have about 72% profitable trades for 28% losing trades.
I used Dukascopy’s VJFX for this so strategy tester includes commissions…I could have used 10K starting equity.
Let me know what you guys think.
Thanks