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Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on, guys? So, I’m going to show you a really cool video. I am addicted to back testing, so I’m going to show you uh I used to do it manually, and this has helped me out. Also, it’s given me some really good insight. Um, before I get into that, I stream live every day. If you have questions, come on the live stream or click the link in the description of this video, come to our uh free Discord, ask me
There. But I’m going to show you what I use to back test. Um I was doing it manually and just recently uh was shown this tool and it’s freaking amazing. Um just some of the plays that I’ve been back testing, but I’m going to show you some of the data. So I back tested this. Um I’m not going to go over the the strategy on this video, but I’ll go over on another one. So, this is my opening range trade. Basically,
It’s a uh if I played it every single day, basically you could see how we kind of continuously make money. Um 64% win rate. Uh this the average was I was going for a 1.5 uh R to R. So being that it’s 64% but you’re getting 1.5 wins to one loss um increases the profitability a lot and then it breaks it down total trades how many were buys how many were sells and then it shows you the percent wins. So I
Back tested another strategy where my win rate on the sell side was 74% and it was only 40% on the buy. So now I know, wow, that other trade I only take that to the downside and uh yeah, the win rate 74%. And it just goes through everything. Um you know, it goes through the days, the win rate. So I know on Friday, I don’t do this trade. 45% win rate on Friday. Every other day of the week is uh is
Much higher. So, it’s just little things that kind of show you what makes the trade good, what makes it bad, and then I can basically go through uh the days because how I do this opening range trade, there could be more than one trade. So, you could see, you know, today, that day I hit on both sides. This one I lost on one. This one I hit on three. So yeah, it’s it’s real interesting all the data that you get because
You can really narrow down the strategy. Like I was playing this one trade at the end of the day, I thought it was good. It was actually bad. And I was doing another trade at the end of the day and that trade was like mixed. But then I realized when I broke it down, the sell side was a 74% winner. So I was like, well, that’s what I’m going to play only going forward. And then sure enough today if you took
The buy side, the upside, it lost. And I was telling everybody on the live stream, yo, that’s why I said I’m not taking that. I’m only taking if it goes down. Um, so this breaks down all the data. You can go on more days, less days. Uh, I usually do at least two months worth of data. I try to get three. You just got to remember you’re in different markets. So the same market that is today wasn’t the same market in
April. So, I tried to get miday when the market kind of was doing what it is now because that’s what type of market we’re currently in. Um, so yeah, this is FX Replay. Uh, I’ve been testing out a lot of things and uh if you want to talk about it, like I said, comment on the video, ask in the live chat um in the Discord or come on the stream. So, let me know your thoughts.
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