Forex Master v2.0 (EUR/USD) — Strategy by Stable_Camel
By Stable_Camel
Performance Metrics
- Author: Stable_Camel
- Symbol: FX:EURUSD
- Timeframe: 1 hour
- Net P&L: +15,110.64 USD (0.00%)
- Win Rate: 41.4%
- Profit Factor: 1.264
- Max Drawdown: 4,174.66 USD
- Total Trades: 377
Description
This is version 2 of my Forex Master algorithm originally posted here: BACKTEST CONDITIONS: Initial equity = $100,000 (no leverage) Order size = 100% of equity Pyramiding = disabled TRADING RULES: Long entry = EMA5(RSI20) cross> 50 Profit limit = 50 pips Stop loss = 50 pips Short entry = EMA5(RSI20) cross< 50 Profit limit = 50 pips Stop loss = 50 pips Long entry = Short exit Short entry = long exit DISCLAIMER: None of my ideas and posts are investment advice. Past performance is not an indication of future results. This strategy was constructed with the benefit of hindsight and its future performance cannot be guaranteed.