Another day, another backtest. Each one is always better than the last and this one is no exception.
Out of 101 trades, 28 were losses which means this backtest had a win rate of 74%. My highest so far
I did this backtest on USD/JPY and I held the longest position I ever have. A whole 7 HOURS
Also, I’ve discovered two key weaknesses with the stategy
1. It sometimes misses amazing trends
2. Most of my losing trades where opened at the bottom of the trend. If I open a buy position on an uptrend, the uptrend has lost momentum and starts going down
I also had my longest losing streak of 14 TRADES which amounted to $939 but immediately after that, I had my longest winning streak of a mind blowing 18 TRADESwhich amounted to $1411.
