Forex trading 2019 TA/FA setups and discussion, page-156

My point is, as an example, since I posted my EA results Monday:



they have gone into a drawdown again:



Out of the last 21 trades in the last 2 days, 17 have been losses:



On the other hand, on that long run up from the lowest point (148 trades) to the high 2 days ago, 92 were winners.

But the string of losses in the last 2 days doesn't mean the strategy is broken or needs to be changed - all the above statistics remain well within the backtest limits. Losses and drawdowns happen. And winning sequences happen too. Within the context of a strategy, the results of one or even a few trades are not important, what matters is the strategy's long term average and whether it stays within its backtest limits.

Cheers, Sharks