Basalt trading system
Period traded
H1 (60 minutes)
Instruments/Currencies
Most majors:
EUR/USD, GBP/JPY, GBP/USD, USD/JPY, USD/CHF
Brokers
Any supporting Metatrader 4
Spread/filtering sensitive
no
News sensitive
no
Yield
+400-800 pips per month
Maximum drawdown
-70-90 pips (EUR/USD)
Maximum loss
-50-60 pips (EUR/USD)
Trades per month
~20-26
Average profit
+30-50 pips per trade
USA/NFA compliance
Complies with both "no hedge" and FIFO rules
ECN/STP
compatible
5-digit brokers
compatible
Does Basalt stand a long-term test?
MT4 tester doesn't allow runtime optimization but even with the fixed settings Basalt shows a steady profit for more than nine months that is quite sufficient for system that trades on hourly (H1) bars.
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