Preparing for forward test

Finally I can say I find a system that I like it alot.

It has a very straight forward ( Keep it stupid simple always) mentality.

Its an evolution of the MA ribbon- > Its called chandelier

Using some modifications, I apply stop loss using ATR mentality.

This is how its looks like on EURUSD 1H

Based on all of this, I tried to make a backtest simulation as legit as possible

For this I used 1000$ initial capital, 30X Leverage, and a fixed spread of 15 points = 1.5 pips

For % of risk I use 5% all the time from the equity.

After 1 year and half and 153 trades this is the final result on

EURUSD 01.01.2019-01.07.2020 using 1H chart

Overall, I am very happy and proud of this system. Starting from today I am going to apply it on forward test on FX Oanda. Lets see how it will perform 🙂

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: