Backtesting Results: Amazing Crossover System

*Beep beep boo beep*

Good day, earthlings!

As promised, I have returned from my processing pod to reveal the backtesting results of the Amazing Crossover System. But warned you should be, Earth creatures, because as I said last week, I am backtesting a more mechanized version of ForexPhantom’s Amazing Crossover System and not the original version.

So before you convert any more oxygen into carbon dioxide, I now present to you the Amazing Crossover System’s backtesting results from February to September 2011:

Amazing Crossover System Backtest Resultst

A quick glance at the chart will reveal that the system has been consistently profitable. There were months that yielded huge returns, like the February to May period, but there were also months when the returns weren’t so appealing like the June period. Overall, however, I would say the system has performed pretty good.

One concern that I have with the system is that it doesn’t maximize the winning trades. Whenever a big trend occurs, it can only catch a maximum of 100 pips. Sometimes, the system even gets prematurely stopped out because of the tight 20-pip trailing stop.

But given the favorable performance of the system, is it still worth trying out?

The answer to those lie in my next post, human. On Monday I will publish the rating of the Amazing Crossover System based on the Robopip Standard for Mechanical systems.

For now though, you must judge the results for yourselves. What do you earthlings think about the systems result? Do you think this will be something you will use?

If you have any questions or comments, you can ask them below or drop me a line on my Twitter (@Robopip) or Facebook page. I am a busy robot, but remember that I will always make time for your questions, earthlings.


  • Pipify

    Which timeframe does this best suit? Looking at my charts, it would seem most accurate using a 15minute interval. Thoughts?

    • robopip

      ForexPhantom originally designed the system to use the 1-hour chart, Pipify. 

      I haven’t tested it on the 15-minute time frame, but I believe that it will be even more difficult to take ALL of the signals and then adjust your stop loss if you zoom in to the shorter time frames. What do you think?

      • Pipify

        I would definitely agree. Have tested on 15 and even 5 minute intervals but this is just too short.

        I just wish my trading software had EMA automation on it!

  • Berry

    Being new to FX, this system looks really good and looking
    through charts historically it works

    Do you have to sit around waiting for the EMA’s
    to cross? Or is there a method for seeing/predicting the possibility of these
    conditions occurring.

  • Samuel Patterson

    Isn’t backtracking a bad method to practice ? I heard it’s not the best way to practice your strategies because you can tamper with the prices and try to make it in your favor. Remember that every new day the market is different so… methods that may have worked yesterday are not guaranteed to work in present day. 

  • pip

    it seems nothing wrong to me so far yet..

  • Jānis Pusplatais

    What kind of tweaks should be made?

    • Pipmaestro

      maybe a 10 and 20 EMA as well as adding maybe a MACD as confirmation to the RSI

  • Tomasz

    What does exactly mean:
    1. “BUY at the crossover candle” – buy at opening the candle if the previous candle was the first with faster Ema above slower Ema?
    2. “RSI crosses the 50 mark from the bottom.” – at previous candle or at few candles ago?
    Sorry for my questions, but the devil is in the details and my results are worse :-(

  • http://www.facebook.com/janis.pusplatais Jānis Pusplatais

    What kind of tweaks should be made?

    • Pipmaestro

      maybe a 10 and 20 EMA as well as adding maybe a MACD as confirmation to the RSI

  • pip

    it seems nothing wrong to me so far yet..

  • Pipify

    Which timeframe does this best suit? Looking at my charts, it would seem most accurate using a 15minute interval. Thoughts?

    • Robopip

      ForexPhantom originally designed the system to use the 1-hour chart, Pipify. 

      I haven’t tested it on the 15-minute time frame, but I believe that it will be even more difficult to take ALL of the signals and then adjust your stop loss if you zoom in to the shorter time frames. What do you think?

      • Pipify

        I would definitely agree. Have tested on 15 and even 5 minute intervals but this is just too short.

        I just wish my trading software had EMA automation on it!

  • Berry

    Being new to FX, this system looks really good and looking
    through charts historically it works

    Do you have to sit around waiting for the EMA’s
    to cross? Or is there a method for seeing/predicting the possibility of these
    conditions occurring.

  • Samuel Patterson

    Isn’t backtracking a bad method to practice ? I heard it’s not the best way to practice your strategies because you can tamper with the prices and try to make it in your favor. Remember that every new day the market is different so… methods that may have worked yesterday are not guaranteed to work in present day. 

  • Tomasz

    What does exactly mean:
    1. “BUY at the crossover candle” – buy at opening the candle if the previous candle was the first with faster Ema above slower Ema?
    2. “RSI crosses the 50 mark from the bottom.” – at previous candle or at few candles ago?
    Sorry for my questions, but the devil is in the details and my results are worse :-(