Manual Backtest of Euro Usd 4 hour chart
Hi,
Using a live MB Trading account I Manual Backtested the Euro Usd 4 hour chart with a set 58 pip stop loss (actually 60 pips figuring in around a 2 pip commission). I will wait for up to 3 bars for correct AC (Accelerator Oscillator)
and AO (Awesome Oscillator) and enter the trade on up to the next bar. And after a loss If it looks like a trade is not going anywhere after 8 to 12 hours put in a 2 pip stoploss.
Here are the pip results:
April 2010 161
May 2010 738
June 2010 164
July 2010 342
Aug 2010 818
Sept 2010 469
Oct 2010 537
Nov 2010 358
Dec 2010 414
Jan 2011 722
Feb 2011 296
March 2011 345
April 2011 144
May 2011 48
June 2011 624
Total Pips 6180
Philn
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