Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

The benchmark trading system (The benchmark trading system) - MT4/MT5 resources

author EAcpu | 3 reads | 0 comments |
Hi I started this new thread to make a benchmark trading system. In the trading systems forum, there are more than 500 posts, mainly related to trading systems. A good benchmark would be to test against each other, but I'm giving another solution.
The benchmark trading system will randomly enter 4 major currency pairs EUR/USD USD/CHF GBP/USD USD/JPY The main reason I chose this currency pair is that they are the most volatile and there are a large number of trading systems that refer to this currency pair.
Both Take Profit and Stop Loss will be set to 20 pips from the current price.
I will only trade 1 lot at a time

How do I enter a trade (for now, soon I will write a vb6 application)
Double click on my taskbar time and get the seconds, this is the pair I choose to enter (e.g. seconds = 3, then GBP/USD is the pair; seconds = 20, then USD/JPY)
Going long or short is determined by a coin toss. I said before that you can only do 1 trade at a time, only 1 lot

BTW: here are my 100 posts with free drinks for everyone and finally free ideas for the evening

Here is the link where I post my trading results every week

📦 Summary of post attachments (1)

Below are all the files shared in the reply (1).

Verification code Refresh