Tested the below set file from 2017 onwards on OctaFX. No blowing off the account and got reasonable profits with optimized DD.
May plz test on other brokers as well.
Hope this clears the test and goes live.
I think the approach can work. I have done just some adjustments based on Andrey's suggestion - lower Martingale increase (equivalent to larger step size) and more possible steps.
Here's the file (not optimized, just tried once):
since 2015, fixed lot 0.01 on 3k account, roboforex-pro cent (large spreads).
I have done backtesting again till yesterday. The set stayed safe for me. May please check at your end.
I have also checked with 2000$ from 2017 onwards. It gave wonderful results.
Hi,
Tested from 2020 01 01 until present, Very good! very good trading accuracy of over 70% and made a healthy amount of consecutive wins. Unfortunately it did blow a 1k account at one point of the year. So I think this provides a good base to work from. Thanks very much!
Tested on IC Markets
Thanks for the backtest kishan.
I guess the blow off is due to close of trades on the last day of test.
U may please check after few days for this duration and do let me know the result.
Hi,
Tested from 2020 01 01 until present, Very good! very good trading accuracy of over 70% and made a healthy amount of consecutive wins. Unfortunately it did blow a 1k account at one point of the year. So I think this provides a good base to work from. Thanks very much!
Tested on IC Markets
If you are not comfortable with this DD, you can increase the distance between trades to 350/400, this decreases the DD as well profit also. So please decide accordingly.
Robert, please, compare your gain with DD:
Do you really like it?