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Optimizing Scripts for automated Forexecutor trading (1)** PDF Print E-mail

There are plenty of ideas out there for trading strategies. However, in forex trading one size does not fit all. Take a look at these two results.**

forex daily chart

They are similar in return and profit ability and would both make good money when attached to the charts they were optimized for. Look at the results if they were switched.**
forex daily chart

It isn’t surprising that they were both still profitable, but we left a combined 1009 points on the table and endured draw downs over twice as high and reduced our average winning ration by 1%. So you can see that in order to use a principle effectively for trading currency you need to optimize your entries and exits for each pair and even time frame. **

In this example I used the GBPUSD 15 min. 1 yr. and GBPJPY 1 hr. 1 yr. charts to get the best results. **

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