This article is obsolete and no longer maintained.
Trading style: a scalper with a trailing stop that trades breakouts, taking into consideration the current support and resistance; for EURUSD the maximum SL is 40 pips from the entry price and the profits can even exceed 100 pips on occasion, while on GBPUSD the strategy is a bit different, allowing for a SL as high as 200 pips but also with a higher average profitable trade.
Currency pairs: EURUSD, GBPUSD
Timeframe: irrelevant (hardcoded)
Price: €49/month, €499/year, €4899 lifetime license; IB licenses available at €39/month, €399/year
License: 1 live account
NFA compliance: yes
Refund policy: no refunds
Read more at the ForexInnovation website
Buy Wallbreaker
Birt’s forward test
Settings: default, risk 3.5, autotrading enabled, time management disabled
Currency pairs: EURUSD, GBPUSD
Started: 29.01.2013
Stopped: 14.06.2014 (no longer available for sale)
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Current EA version: 1.43
Official accounts
Settings: risk 4%
Started: 27.08.2012
Broker: Pepperstone
Account type: Razor live
Starting balance: unspecified
Settings: unspecified
Started: 16.08.2012
Broker: ActivTrades
Account type: live
Starting balance: unspecified
Backtests
Dukascopy tick data
Both tick data backtests are using the real Dukascopy spread and span the full range of available data, 2007-2013. The default settings were used with the exception of risk which was set to 3.5, automatic trading which was enabled and time management which was disabled.
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