This backtest is for the Aud/Usd pair and it uses the new Gbp30 settings originally for the Gbp/Usd pair.
While the DD is a little on the high side for some, I believe this is a tradable pair for these settings. I especially like it for "long": trading only as I believe the 90 pip TP could be hit a few times. The Aussie historically can breakout to the long side rendering large pip gains.
-->
The Set file for this backtest is listed below: Note: this is using the latest version of WSFR V4.5
Max Spread=3.5
AutoMM=7
Trade Long ONLY
Recovery=True
Friday Exit=True (close 1 hour before market close to avoid weekend gaps.)
News Filter=True (Set for live trading; will not affect backtest.)
Everything else is default except expert comment.
This post is for reference only as the DD may be too much for some.
Note: most of the DD was taken around 2008 when the markets went haywire with the market crash.
Trade these Settings
