[2019 Saxo Bank Contest Special Prize] A risk-reward, volatility-focused discretionary-like price action system [Legato USDJPY] Introduction

Legato USDJPY

This time Kei is introducing Legato USDJPY that he is selling.

◆ About the strategy

・ Currency pair【USDJPY】

・ Time frame for trading5-minute chart

・ Trading style【Scalping】【Day trading】

・ Maximum number of positions1

The logic uses a simple setup withcandlesticksandStochasticas its components.

Trend is determined,5minutes are used for entry.

Maximum stop loss is30, take profit is not preset and is closed within the logic.

◆ About Forward

Forward results from May 22, 2018.

Hover to display the time frame and revenue, please check.

The forward period is about one and a half years, providing sufficient data.

Win rate isapproximately 50%, average profit is 2,115 yen, average loss is 1,605 yen.【As of December 18, 2019】

A type of EA that steadily increases profits by winning and losing in sequence.Yes.

It may be recommended for those who operate multiple EAs.

◆ About backtesting

Finally, the backtest results.

The period is 2005–2018.

Today we introduced

We hope it helps with your EA selection. It is recommended for a portfolio!