Free GBP/USD Momentum System

Davidee

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A GBP/USD Momentum Trading System

This system enters on a bigger day's move than any day in the previous ten days with a time based exit of two days. The results are as follows -

Since 1996, 188 winning trades, 136 losing trades, pips won 20370.9, pips lost 10912.2.

Hope it's of use to someone, what do you guys thinks.
 
It's been tested since 1996 and won most years, see the full results on the website for details. Since 2006 the results are -

TheDate Result
2006.01.03 83
2006.01.27 -108
2006.02.23 -120
2006.02.28 -8
2006.04.03 140
2006.04.04 -35
2006.04.27 231
2006.04.28 140
2006.05.11 -35
2006.05.30 -170
2006.06.22 50
2006.06.30 -57
2006.07.17 -224
2006.07.19 162
2006.08.03 162
2006.08.04 -10
2006.09.05 178
2006.09.21 -23
2006.10.02 1
2006.10.26 88
2006.10.31 1
2006.11.13 116
2006.11.22 167
2006.11.24 193
2006.11.30 157
2006.12.19 -72
2007.01.03 214
2007.01.31 20
2007.02.14 -133
2007.03.02 98
2007.03.05 -113
2007.03.20 31
2007.04.17 -56
2007.05.10 -14
2007.06.07 79
2007.07.02 -13
2007.07.10 26
2007.07.27 -55
2007.08.29 -5
2007.09.13 234
2007.09.18 -38
2007.09.28 -66
2007.10.17 105
2007.10.22 -189
2007.11.07 -93
2007.11.09 166
2007.11.12 36
2007.11.14 -38
2007.12.05 -14
2008.01.22 122
2008.02.21 32
2008.02.26 13
2008.03.17 111
2008.03.19 33
2008.04.03 -75
2008.04.08 -33
2008.04.30 -158
2008.05.20 124
2008.06.06 -171
2008.06.10 80
2008.07.29 -34
2008.08.08 251
2008.08.13 31
2008.09.04 23
2008.09.08 86
2008.09.12 -132
2008.09.19 218
2008.10.08 225
2008.10.13 -265
2008.10.21 386
2008.10.28 347
2008.11.03 -152
2008.12.01 111
2008.12.18 209
2009.01.06 321
2009.01.19 364
2009.01.20 -13
2009.02.10 250
2009.02.25 -103
2009.03.09 -77
2009.03.18 181.6
2009.04.20 55.5
2009.05.08 35.8
2009.05.20 192.5
2009.05.21 69.6
2009.06.03 316.2
2009.06.30 126.6
2009.07.09 -97.1
2009.07.31 221.5
2009.08.03 54.9
2009.08.06 290.6
2009.09.18 -83.1
2009.09.24 178.1
2009.10.09 -72


Biggest number of consecutive losses since 2006: 3
Biggest number of consecutive wins since 2006: 7
Number of trades since 2006: 94
Number of wins since 2006: 56
Number of loses since 2006: 38
Number of pips won since 2006: 7937.9
Number of pips lost since 2006: 3154.2
Win to loss ratio pips: 2.52 to 1

It has performed far better in recent years, since 1996 the winning pips to losing pips ratio falls to 1.87 to 1.
 
Thanks

It trades twice as often if you go down to a biggest five day movement, but the ratios are a lot worse.

I would say as a general rule the less your system trades the better the ratios. The more extreme the conditions you put on entering the market, the more the odds are in your favour and the less trading opportunities you will get. If this system traded every day I'd be a millionare already ;)
 
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