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Monday, October 25, 2010

Double Top / Bottom Backtesting Update-1

I backtested the double top/bottom method of trading on 1 minute chart of euro-USD forex future Dec 10 contract from 14 oct to 22 oct and got the following result.
Date Profit/ loss no. of trades
15 oct +437.5 27
18 oct +62.5 29
19 oct +812.5 31
20 oct +875 19
21 oct +562.5 25
22 oct +812.5 25
14 oct +500 18
average +580.35 24.85

The method of trading Double / Top was not in classical sense, but my own self discovered method.

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