Achieve 1,000 pips in four months! Diversify currency pairs to earn smartly — the "Three Arrows"

EUR/JPY, GBP/JPY, and AUD/JPY

Tradeable with all three currency pairs!

Strong forward performance of the “Three Arrows”

【Overview of the Three Arrows】

Currency pairs: [GBP/JPY][EUR/JPY][AUD/JPY]

Trading style: [Scalping]

Maximum number of positions: 1

Timeframe used: M15

Maximum Stop Loss: 100

Take Profit: 30 (with trailing stop)

When the forward period has reached just under four months, let's look at the performance by currency pair!

July 2018 was generally not performing well,in total +1100 pips,

which amounts to 330,000 yen (due to operating at 0.3 lots)!

So far, a very excellent performance.

【Portfolio seen in backtests】

Now let's look at the performance for each currency pair.

Note that GBPJPY, EURJPY, and AUDJPY are not major currencies, so the spreads tend to be wide.

That is the point.

In backtests, you should also assume around 1.5-3 pips.

It’s hard to see, but...

Top blue = GBPJPY

Second light blue = AUDJPY

Third red = EURJPY

This is how it is. In the profit/loss curve, EURJPY is inversely correlated with the other currency pairs, which is a good combination.

【Performance for each currency pair】

The largest drawdown is for GBPJPY, so in terms of lot sizing,

AUDJPY:EURJPY:GBPJPY=1:1:2might be a reasonable ratio

【Profit by 0.1 lot】

2015 and 2017 are slightly negative.

Backtesting with a spread of 2; with a narrower spread it might turn positive?

That seems to be the case.

On average,you are earning 1100 pips per year.

Forward results reached 1000 pips in less than half a year, so 2018 might be a standout year!

You may need to adjust the lot size for each currency pair, but wouldn't it be a good add-on EA for major currencies?

Additionally, with over 400 trades per year, it can be run alongside swing strategies as well!

Three Arrows