Hey guys,
so i've been back testing this over the weekend with many different scenarios from trading sessions, to only taking full profit at TP1, ignoring Asian sessions completely now i know back testing this will be slightly different to future results as the trend indicator may be different to whats already been printed, but:
1. ignoring all signals from Asian session even if lets say you have buy signal from previous day to then readjust to new signal for new day, i didn't do that.
2. trading only from London open to market close.
3. taking full profit at TP1.
4. always following the trend indi, even if 1 step either side in same direction
5.will only take signals if 10 pips or more away from TP1 (every pip counts)
6. not taking trades that are 15-20 pips from trend bands.
With this in mind i put all results in excel sheet per pair, per week and i was getting an average of 900 pips per week and averaging 3000+ pips month over month, now as we're in a new month i will be utilizing this over the coming month to see if i can replicate these results.
What i forget to add also, working out the draw downs i was able to put together a money management play which i will set up demo to try this out.
Ģ1000 0.05 lots
Ģ2500 0.13 lots
Ģ5000 0.25 lots
Ģ10,000 0.50 lots
and so on and so forth
so i've been back testing this over the weekend with many different scenarios from trading sessions, to only taking full profit at TP1, ignoring Asian sessions completely now i know back testing this will be slightly different to future results as the trend indicator may be different to whats already been printed, but:
1. ignoring all signals from Asian session even if lets say you have buy signal from previous day to then readjust to new signal for new day, i didn't do that.
2. trading only from London open to market close.
3. taking full profit at TP1.
4. always following the trend indi, even if 1 step either side in same direction
5.will only take signals if 10 pips or more away from TP1 (every pip counts)
6. not taking trades that are 15-20 pips from trend bands.
With this in mind i put all results in excel sheet per pair, per week and i was getting an average of 900 pips per week and averaging 3000+ pips month over month, now as we're in a new month i will be utilizing this over the coming month to see if i can replicate these results.
What i forget to add also, working out the draw downs i was able to put together a money management play which i will set up demo to try this out.
Ģ1000 0.05 lots
Ģ2500 0.13 lots
Ģ5000 0.25 lots
Ģ10,000 0.50 lots
and so on and so forth
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