PointBreak EA Forward Test - Weeks 5-6
Sunday, 24th February, 2008
During week 5 PointBreak closed just 73 trades generating $95.30 profit inclusive of swap. However there is a large open loss of over $3000. In week 6 the situation improved a little with 75 more trades closed and $69.27 profit added to my account which stood at $26,145 and the floating loss was down to $2,739.96.
PointBreak definitely closes trades with profit but in the process may accumulate floating losses when the market is ranging. The point here is how the system withstands the ups and downs of the market and doesn’t collapse before the new trending market resumes. I guess I’ll have to observe the results and behavior further before I can be more confident in trading the ea live.