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Validation currency for XAU/USD

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ybhx0315

Customer, bbp_participant, community, 28 replies.

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5 years ago #114912

Hi all,

 

While generating strategies for EURUSD, we usually use GBPUSD to validate the result and to see whether the strategies can fit to different market conditions.

 

But what is your choice for XAUUSD? 

And so as USDJPY?

 

thank you.

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Karish

Customer, bbp_participant, community, 445 replies.

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5 years ago #135960

i always use validating pairs by their unit sizes..

http://tools.investing.com/pip-calculator/index.php?acc=12

 

if EURUSD uses: 10.00, ill use all the other currencies that follow the same size like: AUDUSD, GBPUSD, NZDUSD, maybe even USD/CHF and EURCHF, GBPCHF…, as long it is in the same range of size..

 

i dont work with gold/silver/minor pairs, only major like EURUSD the most and GBPUSD, AUDUSD, NZDUSD…, they are all having the same range of size and all majors.

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tomas262

Administrator, sq-ultimate, 678 replies.

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5 years ago #135989

Hi all,
 
While generating strategies for EURUSD, we usually use GBPUSD to validate the result and to see whether the strategies can fit to different market conditions.

I have not tried this yet because I usually treat each market as independent (I only take system correlation into account) but have your strategies that worked for both pairs initially proved to be more robust later in time?

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