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What’s going on guys so I found a indicator that kind of looks like a tari so it caught my interest I’m going to back test it I’m going to do this video a little bit different um I’m not you’re not going to watch me go back and back test it I’m just going to kind of give you the results but before I get into everything we stream live every day 10:30 till noon 2:00 p.m. to 4:30 if you like these types
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Hopefully I see you on the live stream but uh let’s get into this the goal of this is to find the very best indicators so we can keep making money every single day we’re going to win so much you may even get tired of winning and you’ll say please please it’s too much winning we can’t take it anymore all right so I’m going to dive into this like always I have my spreadsheet um I’m going to go through through uh as
Much as I can or until I hit about 50 or 80 trades and uh I’m going to keep track of everything and we’re going to see what happens so I’m on the one minute chart you saw the uh indicator I was using and uh I am going to give you the results and I’m going to talk about the results also like always the results I’m going to see if it dips after it sit hits a buy or a sell um also
On top of that I am G to see if it hits 10 points uh 20 points 30 points see how far the average uh gain is and that’s pretty much it and I’ll report all of uh all of it so I’m going to pause the video and get to work all right guys so I just back tested it I did 50 trades in 50 trades 43 of them were profitable um yeah 43 of them were profitable when you took a loss
It was anywhere between 10 points to 45 points uh when I say gains you would have gotten at least 10 points um I don’t know what causes obviously this is some type of trend script rpt but it has different entries than my other Trend script so I don’t exactly know what is causing it to trigger um but you could have a decent amount of draw down with this script um I just want to for example let me just go to some
Of these um this is after hours but it definitely catches the momentum but for argument sake like this like you sell here at 306 I mean this thing went against you almost 40 points and it doesn’t give a sell signal so it goes against you 40 points you still hold and then obviously it goes oh man you know 140 points down so yeah it’s correct um but man you’re not going to be using a lot of minis with this so it’s
Just one of those things like here here’s another one like you sell here at 85 you know yeah you get your 10 points and then it goes against you 20 points but then obviously you get the big push um down it’s like one of those things that you know here like it go you go with it but you can obviously get more um I don’t know what triggers the buy or sells because obviously it goes above the line um it’s not
Exactly clear but yeah so 86% win rate those losses were not terrible um they they just weren’t that bad shockingly it wasn’t that bad but uh it’s interesting script um I am going to keep it up on my on my thing uh I don’t know if I’m going to forward test this only because I’m forward testing some of the other ones and I’m not looking to just keep blowing accounts but uh I’m very interested in this what’s interesting is you don’t
Get chopped up so the script isn’t like Buy sell Buy sell buy like you know it’s sell until it’s a buy I don’t want um scripts that are like this Buy sale buy like you know I’m not looking for that and this one’s kind of smoother where it rides the trend obviously this is after hours so you can’t really use that as an example because there’s less volume but a lot of times um you know you’re kind of riding it you
Know you’re you’re definitely getting in late like you know this is saying for me to get in at uh 310 after it just dropped 12 points but then even that you still would have gotten another 50 points um so yeah I mean it’s one of those things that I think it’s a little delayed does it work yeah uh are you going to be down in the positions a good amount sometimes yeah uh but you know the data is the data I
Mean if it works out it works out you know if it works out 86% of the time you know like I just did it let me just see so I did uh 43 times you would have gotten at least 10 points and you would have lost you would have lost 181 but you would have made 430 points so you would be net net if you were just taking 10 points you’d be up and then if you waited for the 10-point pullback
Which you always get you’d be really up um so I think I’m going to play it the same way 10-point pullback um I’m not going to go live with this but it’s going to be on my chart and I will be paying attention to it um here’s the script right here it’s just at1 I’m not exactly uh sure what it is but uh yeah if you have any questions comments let me know
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