BACKTESTING - Share Your Backtesting Results Here

Start a Trading Journal - Start Posting Your T20 Trades Here.
Tips for First Post: Start with personal introduction, share your story, your future plans.
Use Template Prodvided for Recording Trades.
Post Reply
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

BACKTESTING - Share Your Backtesting Results Here

Unread post by immy »

I'd like to Share some backtesting data. 

Pair: GBP/USD 
Time Frame: 1 Hr
Testing Based on Banana Indicator V14.
Trade Management: 1R SL, 3R TP and Move SL to BE at +1R. 

The results are astonishing as they are. But what if you were to plot these trades on to your chart.

What if you were to check each tradre one by one and qualify.
Check the 7 Rules of Banana. If it is a DS1 trade, Tag is as DS1. 
If it fails the criteria tag at as DS0. 
Then check if the results improve or worsen? 

Would you like to go over this Testing data and check on your charts....

Eliminate the trades (manually) that do not fit our rules.

Here is the MT4 Strategy Test Data 

https://itradeaims.net/mt4/gu.html

You can also use this template to plot the same charts. Will work for some people. 

Add this to your template folder. Post pictures if it works 
GU-BackTest-Template.tpl
 
 
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

DATASHEET

Unread post by immy »



LINK IS HERE: 

Code: Select all

https://docs.google.com/spreadsheets/d/18ENEh8IB9Oz2BzSCwBYFzcf0y8AqnLhECDSKhllLyvk/edit?usp=sharing
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
User avatar
Darren
Posts: 891
Joined: 20 Nov 2012, 13:54
12

Re: BACKTESTING - Share Your Backtesting Results Here

Unread post by Darren »

Fascinating - thanks for posting the results Immy.  :rock

I did try the template but the last trade I can see is on the 23rd November for some reason, but I get the idea and the results are amazing.  :party
 
I am definitely wanting to try a higher timeframe, either H1/M5 or H1 by itself, I am just trying to decide.  :hmm


 
 
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: BACKTESTING - Share Your Backtesting Results Here

Unread post by immy »

Darren wrote: 04 May 2022, 18:50 Fascinating - thanks for posting the results Immy.  :rock

I did try the template but the last trade I can see is on the 23rd November for some reason, but I get the idea and the results are amazing.  :party
 
I am definitely wanting to try a higher timeframe, either H1/M5 or H1 by itself, I am just trying to decide.  :hmm


 
 


 
H1 is a very cozy time frame. Still requires you to be active all day but not so active that you can't do anything else. You'll need roughly 5 min each hr for 8 hrs every day, during your WORK from home schedule. :) But most importantly, the 7am check will show you which charts you're going to pursue. It's not rocket science. Just longer term thinking and patience. 

Moreover, do you not have more than 6 months data in your mt4? It should show trade arrows on your chart. If you're on pepper and it has that suffix of r maybe that is the reason. 
 

Will you spend time and check the trades on your chart, manually? check the time from the table, its not that many trades. See which ones you could eliminate? 
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
Post Reply