I just cant figure a way so far to correctly back test, I have back test to practice the strategy , so what I did was just to try as much as possible to understand entry point, but don't know how to correctly find a stop loss in back testing
I have been studying Forex for 2 months only, so I think there are loads of problems that I have to fix to correctly be on the right track, studying as much as possible, but it needs time and experience
now , normal how much draw down should I accept on 1H chart when enter a trade?
Thanks for concern...Ignored
To explain the columns. First 4 are obvious.
PIPS= Pips Profit. B/E=number of pips in profit before stop moved to B/E. STOP= size of stop loss used. RETRACE= Number of pips price retraced after entry