From $10,000 to $2,000,000 in 16 months!

Scorpion
3906

From $10,000 to $2,000,000 in 16 months using low-quality 1M backtester. Damn backtest!

billr
61
billr  

So is this the "Holy Grail"?

Ravique
575
Ravique  

Looks effective Scorp, but we all know how tricky MQ backtests can be, live forward testing only we can trust, that is a pitty though.

[Deleted]  

scorpion, you forgot about "Modelling quality = 26.57%". And take a look to "Lots" graph - standard holy grail by using too aggressive reinvesting.

Try to collect more M1 data and get 90% quality.

Scorpion
3906
Scorpion  

Hey

You didn't notice "low-quality 1M backtester" in my post. Yup i've seen the model quality is low. I actual have 1M back to 2004 but i forgot to check "Recalculate" before backtest. Now i've got 90% quality, and the result is quite different. But still 500% net profit a year (10% compound).

gazuz
1264
gazuz  

What currency pairs did you test this on? I'm interested in the thinking behind the strategy more than the results right now

[Deleted]  

Scorpion, are you a real Forex Trader? What trading service you use?

Scorpion
3906
Scorpion  

Yup i'm a real trader using oanda trading platform. It's ideal for use in news trading since spread is only 1 to 2 pips (before news break of course).