SL is a very tight 10-pip stop loss "Scalping Bunny"
Scalping with +30% annual return↑
Stop loss is an extremely tight 10-pip stop – 'Scalping Bunny'
[Scalping Bunny Overview]
Currency pair: [EUR/USD]
Trading style: [Scalping][Day Trading]
Maximum positions: 1
Timeframe used: M5
Maximum stop loss: 10
Take profit: 20
No averaging down, martingale, hedging, or weekend holding!
【Trade Example】
The trading method is trend-following with fixed TP/SL, so it's a simple trading setup.
We lose fairly often (lol).
You tend to lose in more than half the trades, so if you can't tolerate losses you might get anxious, but,
Since the SL is 10 pips, don't worry about it.
【Backtest Analysis】
2008.01.01-2017.12.31
Spread 0.5 pips
1.0 lot fixed
Net profit: +3,320,000 JPY
Win rate 36.8%
Total trades: +3,313 (annual average 330 per year)
Maximum drawdown: 500,000 JPY
Backtest win rate is below 40%.
In forward testing it's over 80%, so it may be a period where the current forward win rate is unusually high,
the win rate is expected to settle down within about three months.
In backtest data, 2011 and 2015 were negative.
On average, annual gained pips are about +330 pips.
If maximum drawdown of around 50% is acceptable, you can expect +30% annual return or more.
More than anything, it's affordable with no difficult settings, so it's recommended for EA beginners.
One note: since this is scalping, spreads should be as low as possible.
Backtests show that with spreads 0.5 and 1.0, there was about a 1,000,000 yen difference in net profit over ten years.
If you want the same performance as the official backtest, choose an EURUSD account with a spread around 0.5 pips!
