Gomega Xray was also trading this currency pair having entered its position the week before. Just now Gomega Xray exited its position in the GBP JPY at a profit of $704.52. Sending the account balance to $7686.72 and an equity balance at $8850.

Click Here for a Gomega GBP JPY to see Gomega GBP JPY in action

Technorati Tags: exiting a trade, gbp jpy, gbpjpy, gomega GBP JPY, gomega pound yen, gomega review, gomega xray, live rsults, live trading, pound yen

So how well did Gomega GBPJPY do in the back test? I ran the test across the same time period that we have live results for. Which is from October 5, 2008 thru to April 10, 2009. Beginning with an account size of $5000, the Gomega GBPJPY back test finished with a closing balance of $8174 which is a 63% gain. This compares very well with the live results from Gomega clients. Andreas Maeder’s account began live trading on Sept 2 2008 starting with a balance of $10,000. And by April 6, 2009, the account had reached $19,909.24. A gain of 99% in just 7 months. You can see Andreas, from Switzerland, talk about his experience trading with Gomega and the settings he uses for trading the GBPJPY. Sean Hummel ran a $5000 demo account over the same period which hit a closing balance of $14,608.67 by April 3, that’s a gain of 192%. And another client traded a live money account starting with $5000 beginning in October 5, 2005 and by April 10 was at $12,811.01 or a gain of 156%.

Here I’ve taken the back test result chart and superimposed it over the live result charts (Sean, Greg). I then color coded the balance curves so it would be easier to compare the results. The blue line is the live money account, the green line is the forward demo test and the orange line is the back test results.
You can find more information about the Gomega Pound Yen here GoMEGA GBP JPY Review.

Technorati Tags: Back Tests, configuration, ea, Expert Advisors, gomega gbpjpy, gomega profits, gomega users, live results, live trading, metatrader