I found out this is not the case with AUDCAD. There is a very big difference between the chart of this pair and the Buy and Hold returns.
I started a new simple strategy to test it. The only code in the strategy is:
This should simulate buy and hold.
Code: Select all
if marketposition(0) = 0 then
buy next bar at market;
I attach Chart, Equity Curve (those two look the same, as expected), Buy & Hold Return (looks significantly skewed downward for some reason) and settings.