Jazz,
It's nice to see your research shows good and positive results. Thanks for explaining the methods you have been using for this.
John
It's nice to see your research shows good and positive results. Thanks for explaining the methods you have been using for this.
John
DislikedI want to show you the results of a visual backtest. I did research on EURUSD with the v3.1 template. Testperiod March 5th to April 6th, equal to 22 trading days.
FIRST backtest: PRICE above or under ALL TF RIBBONS:
For this type of trade I searched for situations where
1. price broke out from all TF Ribbons,
2. price made a pullback to the TickRibbon
3. and after that price went away from TickRibbon
4. AND ALSO TickRibbon broken out from other TF Ribbons.
Profitable: 30
[color=blue]Breakeven/Loss: 21...Ignored