Reliably earn over 1,000 pips per year with pound-based swing trading “Hrunting GBPJPY”

Annual average pips earned / 1600 pips

“Hrunting GBPJPY M30”

With an average of 150 trades per year, this EA slowly and steadily generates profit.

【Forward-looking performance】

September: +394 pips, in excellent form!

With a 0.1-lot operation, the drawdown during the period is 20,000 yen (200 pips), so the risk-reward ratio is above 2, yielding stable results.

The forward-testing period is still short, so we can't be sure yet and we'll have to watch a bit longer, but

Let's look at the anticipated profit suggested by the backtest!

◆ Backtest Analysis

Spread of 3 pips,

Over seven and a half years of backtesting, +12,151 USD,

If expressed in pips, it's around 12,000 pips,the annual average pips gained is 1600 pips.

In contrast, the maximum drawdown is $775 = 775 pips.

【月別の損益】

In 2011 it was $789,

in other years it ranged from $1,200 to $3,149, a very strong performance.

It seems May, August, and October tend to be markets that don't fit the EA's logic, perhaps?

That is the trend we can observe.

■ Entries in Visual Mode

In range-bound markets, it may hold both sell and buy positions simultaneously.

In trending markets, it repeatedly takes one-sided positions and captures a large portion of the move.

◆ GBPJPY Spread Comparison!

Compared to USDJPY and EURUSD, GBPJPY has a wider spread, but

that also implies less competition and higher volatility, which can be advantages.

Since it's a swing-type EA, you don't need to worry about it too much, but lower spreads are still preferable.

Please compare live trading accounts!

By the way, “Hrunting”

pronounced Hrunting, a sword that appears in the ancient English epic Beowulf

it’s a sword!