Tag: automated trading strategies

During the week of November 1-6 we continued forward testing of our automated trading strategy on TrueFX GBPUSD live prices. We kept the parameters unchanged since our first test.

The results for the whole week are presented below.

In summary, the test passed with flying colors. The strategy delivered a solid gain of over 500 pips with 51% total win rate.

The test started 25 minutes into the Hong Kong session on Sunday, and was running uninterrupted in full-auto mode until the end of the New York session on Friday.

One important thing to note is small drawdown – you can see it visually on the profit chart. If you are interested to go in detail, here is the full trade report.

In the next report we will add the drawdown calculation to the report.

Bottom line – over 2 month of forward testing show that our strategy delivers stable profits week after week. Losing days are rare. High (over 50%) win rate is consistent as well.

So, our conclusion in the very first report is still the same. The strategy is ready for real trading (even though it is still a prototype!), but we need to find the way to reliable execute the trades. TrueFX provides excellent quality live prices but only institution can get access to trade them.

We continued testing our automated trading strategy during the week of October 26-30. We used TrueFX live data feed on GBPUSD. We kept the parameters unchanged since our first test.

Due to technical issues we lost the graphs for the first 2 days of the week. Here’s the summary: on Monday, the strategy delivered a small loss of about 50 pips, but on Tuesday was up twice as much.

The results for the rest of the week are presented below. Most important result was that the cumulative win ratio was in line with the previous tests: stable and reliably exceeded 50%.

Not less significant is the fact the the strategy was again profitable for the whole week – despite the 2 losing streaks Monday and Wednesday (Asian session + the beginning of the European session). Note that the dashed vertical lines denote date change.

We will continue testing next week. Stay tuned