Hi All
I was messing around with the trading the Dax open a while ago and did a simple strategy trading against the 7:55 am 5 minute candle (GMT). So if 7:55 candle is a red candle then buy and vice versa. SL 12 and tp 6 (seemed to be the best R/R to get best results). I ran it through the IG Proreal strategy tester and the attached results were spat out. (bearing in mind this is demo and using IG's historical data which I dont know how accurate
Think I started with 10k and this is a period of 2 years (or 3) sorry was a while ago and just came across this screen shot on my PC.. happy for anyone to backtest it and let us all know..
I was messing around with the trading the Dax open a while ago and did a simple strategy trading against the 7:55 am 5 minute candle (GMT). So if 7:55 candle is a red candle then buy and vice versa. SL 12 and tp 6 (seemed to be the best R/R to get best results). I ran it through the IG Proreal strategy tester and the attached results were spat out. (bearing in mind this is demo and using IG's historical data which I dont know how accurate
Think I started with 10k and this is a period of 2 years (or 3) sorry was a while ago and just came across this screen shot on my PC.. happy for anyone to backtest it and let us all know..