Backtesting indicator 2 on GBPAUD
Another video demonstrating the backtesting of the signals from Jan 2021!
First my target was set to 1 : 9 ATR profit multiplier,, in this case I have noticed that after the signal is printed, price will go into my direction but then reverse before hitting my target. so I had a couple of losing trades because of far profit target, however, when a couple of successful trades play out nicely, then that would make up the small losses. So it depends on your risk tolerance.
Thats why, I adapted my profit target in the settings of the indicator to 1 : 6 ATR profit multiplier, which has changed results greatly, since profit target was hit on almost all signals.
First my target was set to 1 : 9 ATR profit multiplier,, in this case I have noticed that after the signal is printed, price will go into my direction but then reverse before hitting my target. so I had a couple of losing trades because of far profit target, however, when a couple of successful trades play out nicely, then that would make up the small losses. So it depends on your risk tolerance.
Thats why, I adapted my profit target in the settings of the indicator to 1 : 6 ATR profit multiplier, which has changed results greatly, since profit target was hit on almost all signals.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.