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would you trust this automated system?
hey guys, im new to this whole lifestyle, ive been trading and stuff for about 3 years with little success, but im now working on my first automated system, (writing in C# with the O2G COM API) however the thing is i dont know if i should trust it. ive attached an image below of the equity curve, backtested over 2.5 years (the vertical line on the currency chart representing where the equity curve started according to time). the strategy has a win rate of about 45%, and makes an average of 32 pips per trade (average winning trade: 191 pips, average losing trade: 98 pips).
the parts that scare me are
1. the backtest doesnt show how the study would perform in a quiet market, like the part to the left of the line on the chart
2. its largest drawdown was half the size of its annual profit
3. there was a 4 month period with slightly negative profits
4. almost 1/3 of the strategy's profit came from one good month
the thing is, because ive never done this before, i dont know if this is typical, or if i should be trying to improve it.. the strategy does tend to let profits slip away.. i just havent found a method of capturing that yet without decreasing profits. any input would be appreciated
P.S. these results are taking 6 pips of spread into account on every trade
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