ilmscore | Prediction Details
"then go through market data historic data look for each time these patterns happened with that specific entry that you pick and with whatever stops and targets you choose to use and see how it performed in historic data out of the last 100 times it happened on a currency pair and on a specific time frame if that provided an edge over the market let's say yet again a 50 win rate with a 1.5 to 1 reward to risk ratio then you know you have a strategy that proven to make money over time"
By The Trading Channel (The Trading Channel) | April 7, 2021 | Pending
From video
The Only Break and Retest Trading Strategy You Will Ever Need... (Beginner to Advanced in One Video) 00:34:46 - 00:35:15
Interpreted Prediction
Backtesting a chosen break and re-test pattern strategy (entry, stop, target) over 100 historical instances on a specific currency pair and timeframe is necessary to determine if it provides a profitable edge, such as a 50% win rate with a 1.5:1 reward-to-risk ratio.

Prediction Details

Topic
Trading Strategy

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