Slingshot Strategy Backtesting

GBPUSD
Rules for 15 Minute Timeframe: Trade hours between 8am - 12pm
only take trades when 20 stoch is above 50 stoch for long with a nice slope
only take trades when 20 stoch is below 50 stoch for short with a nice slope
Take Profit = 30 pips (breakeven after 20 pips)
Stop Loss = 40 pips
Backtesting from 1st April 2008 - 1st April 2009 (1 Year Backtest)
15M TF

Account:
Month
Apr-08
May-08
Jun-08
Jul-08
Aug-08
Sep-08
Oct-08
Nov-08
Dec-08
Jan-08
Feb-08
Mar-08
Total

2000
Currency
Take Profit Stop loss Net Wins Net Pips Success Rate
GBPUSD
18
8
10
220
69.23%
GBPUSD
23
8
15
370
74.19%
GBPUSD
15
6
9
210
71.43%
GBPUSD
20
10
10
200
66.67%
GBPUSD
18
3
15
420
85.71%
GBPUSD
19
10
9
170
65.52%
GBPUSD
26
15
11
180
63.41%
GBPUSD
24
7
17
440
77.42%
GBPUSD
20
7
13
320
74.07%
GBPUSD
21
6
15
390
77.78%
GBPUSD
22
9
13
300
70.97%
GBPUSD
28
15
13
240
65.12%
254
104
150
3460
71.79%
Return on Investment = 173.00%

Rules for 15 Minute Timeframe: Trade hours between 8am - 12pm

only take trades when 20 stoch is above 50 stoch for long with a nice slope
only take trades when 20 stoch is below 50 stoch for short with a nice slope
Take Profit = 50 pips (breakeven after 30 pips)
Stop Loss = 60 pips
Backtesting from 1st April 2008 - 1st April 2009 (1 Year Backtest)
1H TF

Account:
Month
Apr-08
May-08
Jun-08
Jul-08
Aug-08
Sep-08
Oct-08
Nov-08
Dec-08
Jan-08
Feb-08
Mar-08
Total

2000
Currency
Take Profit Stop loss Net Wins Net Pips Success Rate
GBPUSD
12
2
10
480
85.71%
GBPUSD
5
4
1
10
55.56%
GBPUSD
7
2
5
230
77.78%
GBPUSD
9
2
7
330
81.82%
GBPUSD
3
4
-1
-90
42.86%
GBPUSD
7
4
3
110
63.64%
GBPUSD
5
0
5
250
100.00%
GBPUSD
6
1
5
240
85.71%
GBPUSD
5
4
1
10
55.56%
GBPUSD
4
3
1
20
57.14%
GBPUSD
6
1
5
240
85.71%
GBPUSD
8
2
6
280
80.00%
2110
72.62%
Return on Investment = 105.50%

Rules for 15 Minute Timeframe: Trade hours between 8am - 12pm

only take trades when 20 stoch is above 50 stoch for long with a nice slope
only take trades when 20 stoch is below 50 stoch for short with a nice slope
Take Profit = 15 pips (No breakeven point)
Stop Loss = 20 pips
Backtesting from 1st July 2008 - 1st March 2009 (9 Month Backtest)
5M TF

Account:
Month
Jul-08
Aug-08
Sep-08
Oct-08
Nov-08
Dec-08
Jan-08
Feb-08
Mar-08
Total

2000
Currency
Take Profit Stop loss Net Wins Net Pips Success Rate
GBPUSD
54
28
26
250
65.85%
GBPUSD
57
33
24
195
63.33%
GBPUSD
69
40
29
235
63.30%
GBPUSD
64
34
30
280
65.31%
GBPUSD
54
29
25
230
65.06%
GBPUSD
58
35
23
170
62.37%
GBPUSD
66
40
26
190
62.26%
GBPUSD
60
37
23
160
61.86%
GBPUSD
72
44
28
200
62.07%
554
320
234
1910
63.49%
Return on Investment = 191.00%

Stochastic Settings
Fast Stoch = (5,3,3)
Medium Stoch = (20,10,20)
Slow Stoch = (50,10,20)

Amount Risked () (per point) Account Value

1
2220
1
2590
1
2800
1
3000
1
3420
1
3590
1
3770
1
4210
1
4530
1
4920
1
5220
1
5460
Total Profit =
3460

Stochastic Settings
Fast Stoch = (5,3,3)
Medium Stoch = (20,10,20)
Slow Stoch = (50,10,20)

Amount Risked () (per point) Account Value

1
2480
1
2490
1
2720
1
3050
1
2960
1
3070
1
3320
1
3560
1
3570
1
3590
1
3830
1
4110
Total Profit =
2110

Stochastic Settings

Fast Stoch = (5,3,3)

Medium Stoch = (20,10,20)
Slow Stoch = (50,10,20)

Amount Risked () (per point) Account Value

2
2500
2
2890
2
3360
2
3920
2
4380
2
4720
2
5100
2
5420
2
5820
Total Profit =
3820