Strategy #5 Summary - 1 Hour Breakout Asian Open StrategyThis strategy doesn't use any indicators. It's simple, and trades the breakout on the Asian session open using the 1 hour chart.
Time Frame: 1 Hour
Currency Pair: USDJPY
Expert Advisor Available: Yes
Entry & Exit CriteriaFull strategy details > 1 Hour Breakout Asian Open Strategy.
Backtesting ResultsBacktesting was performed on the pepperstone cAlgo platform using tick data from server with code converted using 2calgo.com
|ID||Time Frame||Currency||Dates||Equity Graph||Max Drawdown %||Profit Factor|
lots = 1, startHour = 8 (london open), activate = 0.0005, takeProfit = 0.004, stopLoss = 0.003
lots = 0.1, startHour = 2 (asian open), activate = 0.05, takeProfit = 0.4, stopLoss = 0.03