+5% return on risk - 10,000 trades

Hi guys and girls

I've written an algorithmic program on probacktest which I designed for EUR/USD. It rides small waves of price action and works in any heavily liquid market from EUR/USD, CABLE, USD/JPY etc to DOW, SP500, NIKKEI, GOLD, SILVER, OIL, EURODOLLARS, WHEAT ETC.

And here's the thing - I've backtested it on 1, 2 and 3 day charts for all these markets right back to the 30s, 50s or 70s, whenever the daily charts started. There are a LOT of trades, more than 10,000 in all.

The upshot is that it seems to return more than 5% per trade, relative to risk.

Any thoughts on who I should take this to? I'm going to speak to Kyte in London next week, but any other suggestions would be appreciated.

Kind regards

bluewater18

Trade it yourself.


Paul

Trader333 said:

Trade it yourself.


Paul

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Hi Paul

I have been trading it over the past couple of months on the EUR/USD but midnight trades do not make for good spreads. Also, I felt my smallish bankroll could do with a blast.

bluewater18

Trade it on Oanda. Spread is sometimes 0.9 and goes to about 1.5. If you even start it with 1k in no time you'll have a large amount. How frequent is a trade being fired off? What's the ratio of winners:losers?

Masquerade said:

Trade it on Oanda. Spread is sometimes 0.9 and goes to about 1.5. If you even start it with 1k in no time you'll have a large amount. How frequent is a trade being fired off? What's the ratio of winners:losers?

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Hi Masquerade

I do trade with oanda. But the spread around midnight as you know is not .9

The program is in the market about 10% of the time and winning to losing/break even trades is 40/60.

Regards

bluewater18

i'll have a go

theSheik said:

i'll have a go

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Hi Sheik - you can take a look if you want.

Dude,

Show me your stats and I'll take a look.

Zac