I'm back with some more results, if you haven't already please read my previous main post first (#288)
What I did
- Data now runs from 01/01/2001 ~ 31/08/2012 (replaced some newly discovered poor data from my previous modelling too)
- Included a trade counter (for modelling net of spread position)
- Allowed for a few more stop losses (300, 400, 500 and 99999, with the last one effectively saying "no stop loss")
Daybreak still works for this period. 2008 is obviously amazing. Stop losses now have different results. EURUSD has gone from needing 250 to 100 due to the earlier years needing it at that level. Not sure a fixed stop loss is the way to go, trader judgement is needed. As Pipwoof keeps saying, we need to be flexible with this system (and between systems themselves) to ensure "make substitutions" from the "currency bench" as we see fit.
-A stop loss of 50 was a BAD idea, but 100 and above would have been fine.
-Haven't looked into what the trade count means for net positions, but I think it's bad news... discuss
Annual results from the best selections of stop losses are below:
Please also remember that my backtesting and past performance in general is not a guide to the future, trading forex is very risky, so be careful. Nothing I write should be construed as advice.