Forward signal and improvement of EURCHF 15-minute chart in August 2022 for Euro-Franc EURCHF

In this article, titled "EURCHF 15-minute Forward Signals and Improvements for August 2022," we verify the forward signals for EURCHF 15-minute charts for August 2022 within the FX multi-currency trading set listed below.



FX Expectation and Compounding with Multi-Currency Trading Set Aiming for Several Times Growth Each Year

https://www.gogojungle.co.jp/tools/indicators/40023



The results of trading with a fixed 1,000 currency lot on the EURCHF 15-minute forward signals for August 2022 are shown below.

Balance curve for 0.01 lot trades starting from 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 a buy or sell entry signal appears by not clicking the entry button.



From this perspective, we revalidated assuming that, among all forward signals for EURCHF in August 2022, the signals that would have resulted in loss were avoided by not entering.



As a result, the two signals that would have been losses were the following two signals.



The buy signal in the figure below can be avoided because it has fallen below the pink triangle consolidation and remains in a downtrend, showing no upward momentum yet.


The sell signal in the figure below can be avoided because it has risen above the light blue triangle consolidation and has not yet reversed downward.


As a result of the improvements, we judged that the two loss signals could be avoided, and the balance graph for the forward period August 1–August 31, 2022 after the improvement is as shown below.




By the way, here we are examining whether losses can be avoided merely by changing the Zoom multiplier while looking only at the 15-minute chart, without considering longer-timeframe charts such as the 4-hour or daily chart at the decision point before entry.

This is to emphasize reproducibility, since long-term trend interpretation changes with circumstances, making it unsuitable for verification from the standpoint of reproducibility.

Of course, long-term trends are also viewed within the system according to the currency.



Also, please note that tests considering cases where profitable signals are also avoided have not been included.



If you have the FX multi-currency trading set, please use this as a reference.



If you do not have it, be aware that fully automated trading can be extremely challenging, and a setup that allows you to choose entry signals is desirable; please consider this as a factor before purchasing.



I wish you all success.



Additionally, the MT4 test report including the backtest period from January 2020 to the end of July 2022 plus the improved forward period from August 1 to August 31, 2022 can be downloaded from the following link.

StrategyTester_EURCHF_2208_2208.zip

In this system, all trades are executed at the opening price of each bar, so setting the MT4 Expert Advisor to either "Open prices only" or "All ticks" will yield the same results.



Thank you very much!