Few comments on the above test results:
- I tested the EA initially for GBP/USD (hence the best results), although I didn't over-optimize.
- Then I applied the same settings (no change what so ever), to the other pairs, and interestingly all pairs ended with profit. Not amazing profits but at least no loss.
- Notice that other pair results can highly improve if we choose the "correct" parameter settings (especially ATR multiples). And this is normal in my opinion, compared to different behavior of each pair.
- The EA made 47% ROI ($32,440) over 14 months on total initial investment of $70,000.
- The test was done on a short-term time frame (M30), which is some what not reliable to catch big moves.
I encourage people with Good Historical Data to test it on different time frames and longer periods 3 to 5 years of data.
Regards,
No guts, no glory