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1. As is known, the ZigZag indicator has the last flexible point. If it is lower than the previous one then it is a sell signal. If it is above then it is a buy signal.
2. If a buy position is already opened and there is a buy signal then we don't do anything.
3. If a sell position is opened and the current signal is for buying then we close the position and open another one in the necessary direction.
Strategy Tester Report
Alpari-Classic (Build 218)
Symbol GOLD (Gold (Spot))
Period 4 Hours (H4) 2004.07.07 12:00 - 2008.09.22 20:00 (2003.09.23 - 2008.09.23)
Model Every tick (the most precise method based on all available least timeframes)
Parameters ExtDepth=17; ExtDeviation=7; ExtBackstep=5; Lot=0.1;
Bars in test
6443 Ticks modelled
4267178 Modelling quality
Missmatched charts errors 1
Total net profit
6275.97 Gross profit
16505.35 Gross loss
1.61 Expected payoff
Absolute drawdown 376.19 Maximum drawdown 1101.44 (15.32%) Relative drawdown 46.40% (540.02)
223 Short positions (% won) 111 (37.84%) Long positions (% won) 112 (48.21%)
Profit trades (% of total) 96 (43.05%) Loss trades (% of total) 127 (56.95%)
Largest profit trade 1182.76 loss trade -306.66
Average profit trade 171.93 loss trade -80.55
Maximum consecutive wins (profit in money) 5 (716.33) consecutive losses (loss in money) 5 (-297.53)
Maximum consecutive profit (count of wins) 1505.49 (2) consecutive loss (count of losses) -631.09 (4)
Average consecutive wins 2 consecutive losses 2
Thank for share can this use on real account for this
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