auto Backtesting is STUPID... How to actually get a 65% WIN RATE in Trading | Algo Forex Day Trading
HTML-код
- Опубликовано: 27 мар 2021
- See My 4 Steps 77% Win Rate Trading Strategy (With Data for Free): tradingrush.net/newsletter/
- How to not test a trading strategy if you want to be profitable.
🌐Official Trading Rush Website: tradingrush.net
🟢See How I Made 100% Profit In A Year: / tradingrush
📱Download the Official Trading Rush APP (Thanks): bit.ly/tradingrushapp
🟠I made the Best FREE Trading Course / Series: tradingrush.net/course/
▶️Subscribe for more Trading Rush !!
Honestly, I believe manual back testing is the best. You train yourself to see the setup so much easier, because your eyes are tuned in for it. Good stuff
Can you make a list of things your cat knows to add confluence to the list of things your dog knows?
I would suggest that the strategy is not fully defined. If the strategy works in a trending market, and you only use the strategy for forex pairs that are trending, then part of the strategy is judging if the pair is indeed trending. An autotrader requires a trend indicator as part of the strategy. You, an experienced trader, use your sense of the market to determine if the pair is trending, and then apply the exact rules of the (macd) strategy. So my question is: can we think of an indicator that indicates trendiness of a forex pair? Maybe that indicator would simply be running the macd strategy, and computing the win rate of the last 10 (20?) trades?
I showed this vid to my dog and he said instruction unclear and bought gme at the top
I also made my own MACD bot, because, i learned i was, as beginner, too emotional, to properly follow this simple strategy. I ended up with bot that follows all rules (including stop loss on pullback), but as shown in this video, win-rate was bad. So i added more variables, to be able adjust rules and to help avoid range market. Now i have MACD bot with 10 variables, that can be adjusted for each pair and be profitable in backtest on 10y worth of data.
I am still forward testing it when i am on PC as it is still better to look how it goes and maybe adjust trade as needed.
Noo way I was just calculating my strategy win rate on my phone and it was 65% meanwhile my iPad popped notification of your video with 65% win rate title 😬😶
You should consider the hours of bigger spread in your tests. Sometimes the TP is not reached, and instead, it leads to a SL. This can be really frustrating and I think it is really important to adress. It had a big impact on my many tested strategies. Keep up the good work!
Just need to define clearly what's range what's trending on the trade setup. Only mechanical strategy can be automated, discretionary cannot.
15:31 Your best drawing yet!! 😆👍🏻 Absolutely outstanding!!
Dang! Congrats on the wins man!
Could you test the strength of the trend as an additional criteria in the strategy?
Hi TradingRush, may i know if you scroll through all the pairs to look for entry, how many pairs do you enter ? on 5min chart. as i am following your way of browsing through the pairs but i tend to enter trades in all the pairs that i see showing same trend and structure and macd rules, i understand correlation is important hence i need to ask you . please respond if you see this! Thank you, should i lower only trade one of the pairs showing the best pattern or trade both of the correlated pairs ? , or should i just focus on 1-2pairs like all the ftmo interviews, they only look at most 2 pairs, so they can understand the pairs like their wife... as they say... i like eurjpy and eurusd.
How do you know when a market s about to rnage or about to trend? Or do you wait for confirmation of a trend and how do you confirm a trend?!
Nice one Rush! People ask me same questions when I test strategy too but if they change just a thing it's a different strategy on it own. Btw, Rush when will I be able to get my hands on the new Beep Boop indicator you showed in this video?
Keep going strong Bro.
if a strategy has crystal-clear rules carved in stone manual backtesting results don't diverge from those of your Pine script. But there are discretionary elements hard to code and therefore hard to auto-backtest. A novice trader should eyeball price charts as often as possible in order to acquire the necessary mileage
Nice Video! But dont you think that there is a way to programme the MACD + 200EMA strategy in a way where it sets the SL below the swing high/low and does not trade in a range? I think that should be possible.
*idea* you could use high/low of Donchian channel to set stop loss instead of ATR
When you are manually back testing you can exit at the middle of a candle formation. But in auto back testing it is taking close value of each candle, that means it may not exit at the exact price of our SL . May be that is what ruins the winrate . Plus seems like you are using same lot size for each trade . Can you share the pine script of your back test
thanks for the video, i tested with autoback test :D and was doing the same mistake you explained.
Thank you for the video!! Starting out with trading now, lost my job although I’m a cloud specialist and programmer. Your videos have been very helpful for me to work out what I need to do , may God bless you brother
This has been one year ago, how are you doing now ? got a new/better job ? did trading help you in any way ?
Excellent, thanks
Gotta love those paint made stick characters not gonna lie
Can u release your PNL and annualized returns?
Nice stuff.. even my neighbor's dog knows this is valid information
I manual back test everything.
Cos you get to see all the movements in price that happen.
So you are less surprised when you start trading it.
Thank you 👍
If you are going to operate manually you should backtest manually, if you are going to use a bot you can do it both ways.
If you are going to use a bot, it should use multiple confirmations in order to achieve good results. But that's the point of using a trading bot, it can do things that would be complicated for a human, even more, if you are trading in the lower time frames it is going to be faster and more accurate
Please test RSI indicator with 80 & 20 level for reversal trade ., not 70 & 30 level .I think it have better results
Pleaseeeeee settings for beep boop modified indicator :)
thanks
Can we expect one more strong indicator?!?!?! But nice video though
Awesome ❤️👍
Sir can i get this new beep boop version script?
Next time I ask my dog if I'm confused about where the market direction is. lol ^___^
Oh yea!
Nice. BTC trading since 2017. But unfortunately there was not YT channel like you what can save me from multiple account blow up
3:13 I love how the AI voice sometimes gets really worked up
Most of the robots out there also use strategies including grid and martingale. It can be dangerous for beginners as these robots will have long drawdowns.
Know what you step into when buying those!
How the heck does youtube tell you don't say this at the end of every video ?
can you code the autotrader to setup trades, putting the stoploss under (or over in opposite scenario) the leg of the pullback? video timestamp explanation 8:10
Nice damage control
Bitcoin...suddenly you and your dog knew what it was...😂
JLY
MacD is a great indicator
Live trade needs a lot of situational awareness. The auto back testing or trade bots don’t have that. That is why trade bots can never replace humans.
Agreed!
Hello bro
You spelled expose wrong
Shorten your learning process by trading naked charts