I was just messing around with some charts and just thought of another way to make some trades.
Starting balance is $1,000 and the unit size is 10,000. The TP and SL are both 50 pips. I know it depends on the currencies being traded, but for this example I'm just doing 1 pip = $1. I could only go back to 06/30/2009, but I will continue to forward test.
I'll be testing it for a few more months, but I'm wondering if any of you think it looks like a really risky strategy?
The only indicators used are MACD and slow stoch.
Starting balance is $1,000 and the unit size is 10,000. The TP and SL are both 50 pips. I know it depends on the currencies being traded, but for this example I'm just doing 1 pip = $1. I could only go back to 06/30/2009, but I will continue to forward test.
I'll be testing it for a few more months, but I'm wondering if any of you think it looks like a really risky strategy?
The only indicators used are MACD and slow stoch.