Frankly, this is highly optimized on back data and using very poor money management. (Despite the fact that the max draw down is 240 pips)
Now if someone would be so kind to backtest with M1 data as far as you can that would be great!
use the following settings:
window_size=17;
max_crosses=0;
do_buy=true;
do_sell=false;
initial_stop=60;
TSL=180;
trail_step=0;
TP=500;
TL_GAP=15;
cash_per_lot=17;
allow_micro_lots=true; hours_to_wait_between_trades=6;
BE=35;
BE_pips=10;
dip_pips=0;
tl_min_profit=20;
cash_per_lot should be set to $250 for micro lots and $2,500 for mini lots for proper money management.
What this means is that it will purchase 1 mini lot per $2.5K of your acct balance.
Let me know if you have any questions!
Now if someone would be so kind to backtest with M1 data as far as you can that would be great!
use the following settings:
window_size=17;
max_crosses=0;
do_buy=true;
do_sell=false;
initial_stop=60;
TSL=180;
trail_step=0;
TP=500;
TL_GAP=15;
cash_per_lot=17;
allow_micro_lots=true; hours_to_wait_between_trades=6;
BE=35;
BE_pips=10;
dip_pips=0;
tl_min_profit=20;
cash_per_lot should be set to $250 for micro lots and $2,500 for mini lots for proper money management.
What this means is that it will purchase 1 mini lot per $2.5K of your acct balance.
Let me know if you have any questions!