09.07.2009

New Trading Strategy on TEST



Broker : IKOfx - Demo Account
Pair : AUDUSD
Timeframe : H1
Indicator : Signal Line, Trend RSI, KG Wave Minor (I'm not the author of these indicators)

Rules :
(a) OP when all indicator show the same color, BLUE for BUY, RED for SELL.
(b) Do not enter trade when one of indicator's signal already move 5 candles/bars ahead other indicator.

Manual Backtest :
(a) OP been made on the lowest price of candle/bar if SELL and highest if BUY.
(b) Close position is lowest low on current trend for SELL and so on.
(c) Test been made from 05/02/2009 - 07/07/2009 with 72 trades.
(d) 8 losses and 64 winnings meaning 88% of winning possibilities and 11% losing possibilities.
(e) Lowest profit trade was 15 pips and highest 362 pips.

Forward Test :
(a) TP 20 pips and SL 100 pips.
(b) 2 OP per trade which 2nd trade is for trailing.

Result for today :


OP 1 : 20 Pips
OP 2 : 32 Pips - I closed this trade without reason :)

Total : 52 Pips