I backtested MacFibo using the daily high/low method you mentioned in the manual (using the previous 3 day’s daily high and low values), but it was really useless. The backtest results were terrible (40% or less profitability, constantly burning money in several years). After that I backtested MacFibo with subjective support and resistance lines, and it worked, but made far less profit, than you are making according to your track record in the .pdf.
I also backtested Macfibo without any kind of SR lines, the results were also terrible.
I think it all means, that it’s essential to determine the SR lines correctly, but if I’m right, the different time zones provides different SR lines. I think you did not mention anything about this problem in the ‘manual’, so it can be a real issue for the others out there using MacFibo from another time zone.
So Sufian, can you help me with the trades I mentioned earlier, please?
Thanks a lot!