This article is obsolete and no longer maintained.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)
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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.