Forward signal and improvement of the AUDCHF 15-minute chart in August 2022 for the Australian dollar/Swiss franc
In this article, titled "Forward Signals and Improvements of AUDCHF 15-Minute Chart in August 2022," we verify the forward signals for AUDCHF on a monthly basis during August 2022 for the FX multi-currency operation set listed below.
https://www.gogojungle.co.jp/tools/indicators/40023
The results of buying and selling AUDCHF on the 15-minute chart for the 1-month period of August 2022 with a fixed 1000-unit lot are as follows.
Balance curve for 100,000 JPY starting with 0.01 lots
Here, signs and signals are used with the same meaning.
In the FX multi-currency operation 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-verified assuming that all signals that would have led to a loss in the August 2022 AUDCHF forward signals for the 1-month period were skipped, i.e., entries avoided.
As a result, there were no signals that were skipped, so this time we present three profitable signal examples.
The two buy signals in the figure entered after confirming a certain rise and then a pullback forming a pullback area.
The sell signals in the figure entered after confirming a certain drop, with RSI and Bollinger Bands at higher positions during the rebound.
By the way, here we only look at the 15-minute chart and study whether adjusting the Zoom multiplier can avoid losses, and we do not assume checking longer-term charts such as the 4-hour or daily charts at the time of entry decision.
This is to emphasize reproducibility; since long-term trends can vary depending on the situation, we judge that they cannot be used in the verification from a reproducibility standpoint.
Of course, long-term trends are also viewed within the system according to the currency.
Also, please note that tests assuming scenarios where profitable signals are skipped are not included, so please be aware.
If you own the FX multi-currency operation set, please refer to this.
For those who do not own it, fully automated trading is very challenging, and a setup where you can select entry signals is desirable; please consider this as material for pre-purchase consideration.
Wishing you all great success.
Also, the MT4 test report including backtesting from January 2020 to July 2022 and forward testing from August 1, 2022 to August 31, 2022 can be downloaded from the following link.
StrategyTester_AUDCHF_2208_2208.zip
In this system, all trades are made at the opening price of each bar, so whether you set the MT4 Expert Advisor to "Open prices only" or to "All ticks" yields the same result.
Thank you very much!