Finished the backtested results for the trend following strat on EURUSD.
The results were as follows.
From 2013 to 2015
Net pips : 1475
Max consecutive losses : 3
Avg win: 119 pips
Avg loss: 64 pips
Win rate is around 43%
Again, exact same method as described in GBPUSD :)
The targets are always a 3 to 1, regardless of structure in the market. I use the trailing stop as my way to get out the trade mostly. And then when the big runners come it returns a huge amount of pips :)
The results were as follows.
From 2013 to 2015
Net pips : 1475
Max consecutive losses : 3
Avg win: 119 pips
Avg loss: 64 pips
Win rate is around 43%
Again, exact same method as described in GBPUSD :)
The targets are always a 3 to 1, regardless of structure in the market. I use the trailing stop as my way to get out the trade mostly. And then when the big runners come it returns a huge amount of pips :)
Trade active:
Stop loss trailed to 1.2368
Trade active:
Stop loss trailed to 1.2368