Stats for 04-18-2011
Live Accounts:
FMT 4.3, EA standard settings: 40 SL, 20 BE, 35 TP
6:30 UK Time, FXSolutions..., Short/Break Even...., 0.0, Stats since 11-08-2010: Total= +132.0
6:30 UK Time, IBFX.........., Short/Profit........, +34.6, Stats since 01-04-2011: Total= +327.9
6:30 UK Time, PFG Best......, Short/Break Even...., 0.0, Stats since 03-01-2011: Total= +107.2
Demo Accounts:
FMT 4.3, EA standard settings: 40 SL, 20 BE, 35 TP
6:30 UK Time, PFG Best......, Short/Break Even...., +0.5, Stats since 02-01-2011: Total= +425.9
6:30 UK Time, FXCM.........., Short/Break Even...., 0.0, Stats since 02-01-2011: Total= +454.9
6:30 UK Time, Alpari(US)...., Short/Break Even...., 0.0, Stats since 02-01-2011: Total= +416.7
6:30 UK Time, FXDD.........., Short/Break Even...., 0.0, Stats since 02-01-2011: Total= +341.6
Notes:
All pip totals include slippage
FXSolutions is the only dealing desk broker
Comments:
Great move on Mark for changing the EA settings. I did some research on hammy66 settings too.
I concluded that 6:15 was a better time too, but I didn't think it would make that much of difference long term.
But now with all these break evens, these new settings should help.
From Post #5659, page 708, Jan 19, 2011
...But what I found out, thanks to hammy66, was that the best time to trade is at 6:15 UK time.
Here are hammy66's back tested results for both Nov & Dec period, using his settings:
Test period from 11-08-2010 to 12-31-2010:
hammy66's System: Time, Total number of trades, Total pips at the end of the test period
6:00, 23, +148.0 pips
6:15, 26, +237.4 pips
6:30, 25. +7.1 pips
6:45, 26, -38.3
Total: +354.2
Here are hammy66's results from when FMT started back in Aug, using his settings:
Test period from 08-02-2010 to 12-31-2010:
hammy66's System: Time, Total number of trades, Total pips at the end of the test period
6:00, 57, +491.4 pips
6:15, 65, +627.6 pips
6:30, 68, +539.8 pips
6:45, 63, +296.0 pips
Total: +1954.8
hammy66's settings: TP=30, SL=44, BE=20, BE+5 pips, UK time zone.