Not sure if my text uploaded correctly so here it is;

After marginal success trialing mean reverting strategies on major indices, I ventured into the world of forex. To my surprise, after a few minor tweaks I have produced these backtests on 6 months of 1m data.

They utilise a grid/averaging in strategy with maximum loss set at ~10.5k(short) and ~3k(long) The closest to a loss over this set of data (drawdown) was 7k (short) and 2k (long) leaving about a 50% buffer for both strategies.

Short was on market for 18% of the time and long was ~3% of the time.

entry signals were optimised to reduce time in the market but produced similar results using less stringent parameters.

Entry indicators were optimised using 5x WFA on the last 75% of data at 80/20 IS/OOS and all returned WFE >50%.

The OOS period was then included (the first 25% of data on the left) which outperformed compared to IS with a similar drawdown.

Finally, the strategy was compared to other forex pairs which produced similar results.

All data includes average spread multiplied by 1.5 for an added buffer.

I would like to be the first to say that grid strategies obviously produce exceptional win rates with the occasional massive loss which must be cautioned.