Winning on GBPUSD again: October 26-30

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%.

Smart Forex Tester won 120 pips on October 28-30
Not an ideal trading week- but never in the red. Note a win ratio of 53%.

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