Forward signal and improvement of AUD/CAD 15-minute chart for August 2022
In this article, titled “Forward Signals and Improvements for AUDCAD 15-minute Chart in August 2022,” we will verify the forward signals of the AUDCAD 15-minute chart for the FX multi-currency trading set during the one-month period in August 2022.
https://www.gogojungle.co.jp/tools/indicators/40023
The results of trading the AUDCAD 15-minute forward signals for the one month of August 2022 with a fixed lot of 1,000 units are as follows.
Balance curve with 0.01 lot trading starting with 100,000 yen
Here, signals and signs are used with the same meaning.
In the FX multi-currency trading set, to bridge the gap between backtesting and forward testing, you can avoid entering even when an entry signal appears by not clicking the “Buy” or “Sell” button.
From this perspective, we re-validated assuming that all signals that were loss-making in the August 2022 AUDCAD forward signals for the month were not entered (i.e., avoided).
As a result, the avoided signals included the following five signals: buy and sell signals.
The buy signals in the figure below are considered to be in a short-term downtrend, so they can be avoided.
The sell signals in the figure below are short-term energy build-ups ahead of a sharp rise, so they can be avoided.
If you avoid all five entry signals, including the two signals shown above, the trading results are as follows.
By the way, here we are examining only the 15-minute chart and whether changing the zoom factor can avoid losses, and we do not assume checking longer-term charts such as the 4-hour or daily charts before entering.
This is because we prioritize reproducibility; since long-term trend interpretations vary by situation, we determine that they cannot be used for reproducibility in this validation.
Of course, long-term trends are also viewed within the system according to the currency pair.
Also, note that tests are not included for cases where profitable signals are also avoided, so please be aware.
Customers who own the FX multi-currency trading set are encouraged to reference this.
Even those who do not own it should consider this as a reference material for selecting entry signals before purchasing, given that fully automated trading is very challenging.
Wishing you all success.
Also, the MT4 test report, including backtest period from January 2020 to July 2022 plus the forward period from August 1, 2022 to August 31, 2022 after improvements, can be downloaded from the following link.
StrategyTester_Gogoj_40023EA_AUDCAD_M15_202001_202208.zip
In this system, all trades use the opening price of each candle, so whether you set the MT4 Expert Advisor to “Open prices only” or to “Every tick” yields the same result.
Thank you very much!
