*Beep beep boo beep*
Good day, earthlings!
As promised, I have returned from my processing pod to reveal the backtesting results of the Amazing Crossover System.
But warned you should be, Earth creatures because as I said last week, I am backtesting a more mechanized version of ForexPhantom’s Amazing Crossover System and not the original version.
So before you convert any more oxygen into carbon dioxide, I now present to you the Amazing Crossover System’s backtesting results from February to September 2011:
A quick glance at the chart will reveal that the system has been consistently profitable. There were months that yielded huge returns, as the February to May period, but there were also months when the returns weren’t so appealing like the June period. Overall, however, I would say the system has performed pretty well.
One concern that I have with the system is that it doesn’t maximize the winning trades. Whenever a big trend occurs, it can only catch a maximum of 100 pips. Sometimes, the system even gets prematurely stopped out because of the tight 20-pip trailing stop.
But given the favorable performance of the system, is it still worth trying out?
The answer to those lies in my next post, human. On Monday I will publish the rating of the Amazing Crossover System based on the Robopip Standard for Mechanical Systems.
For now, though, you must judge the results for yourselves. What do you earthlings think about the system’s result? Do you think this will be something you will use?