Although at the moment VS_PipsCola has the best result on EURUSD pair, but seeing the results of the backtest on the other pair, it could be in the future VS_PipsCola will support several pairs at once. There are actually an interesting thing from backtest result on FOREX Major Pairs (USD-JPY, GBP-USD, USD-CHF and EUR-USD). In general VS_PipsCola gave results that did not disappoint during the year 2009. Moreover, I only use the same settings on all of these pairs.
Settings that I use on all of these backtest are:
Trading Hour: 21-23
Lot: 1
MaxTradePerBar: 1
MaxTradePerPosition: 3
STOP LOSS: 60
Spread for each pair on the backtest:
USDJPY: 2.8
EURUSD: 1.7
GBPUSD: 2.8
USDCHF: 3.2
it looks better then Charlotte at the same periode.
It seems somewhat promising although tested with a high spread conditions.
Next post i'll show you the backtest result in 2010 and so we can see what pair that possible to be supported by VS_PipsCola.
Sunday, November 7, 2010
Risk Warning
Please note that Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don't trade with money you can't afford to lose.
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