ilmscore | Forex trading - How to use a spreadsheet for backtesting ( backtesting results and live trading )

Forex trading - How to use a spreadsheet for backtesting ( backtesting results and live trading )

Published: 2016-02-08
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
The 786 Trend continuation strategy with structure targets on the New Zealand dollar generated 155 Pips between February 2013 and February 2016.
"On the New Zealand dollar... trading the 786 Trend continuation strategy with structure targets I was able to produce 155 Pips in that amount of time."
Trading Strategy Performance
Pending
Backtesting the 786 Trend continuation strategy on the New Zealand dollar showed an average loss of 48.61 Pips, average win of 81 Pips, risk-to-reward of 1.67, 49 wins, 51 losses, and a 49% win rate over three years.
"On the New Zealand dollar... my average loss was 48.61 Pips. My average win was 81 Pips giving me a risk to reward of 1.67. I won 49 trades lost 51 trades and my win percentage was 49% over that amount of time."
Trading Strategy Performance
Pending
The most effective way to trade the 786 strategy, based on backtesting, is with structure targets and rolling stops to break even after hitting a 618 retracement.
"The best way for me to trade this strategy... would be to trade with structured targets and rolling stops to break even once I hit a 618 retracement."
Trading Strategy Optimization
Pending
Rolling stops at the 618 retracement resulted in 250 fewer Pips overall compared to not rolling stops, despite a slightly higher win percentage.
"The 786 strategy rolling stops at 618... we were about 250 less Pips altogether compared to just structure trades and not rolling stops."
Trading Strategy Performance
Pending
The Euro Dollar 786 strategy trade discussed at the beginning of the video achieved approximately 107 Pips in profit.
"we have actually hit Targets on this trade for if I bring on my ruler somewhere around 107 Pips of profit"
Euro Dollar Trade
Pending