【Backtest Performance XAUUSD】Trend Reversal Early Alert ~Shodo Ride~
This article is about the trend reversal early alert [Shodo Ride]..
If you are interested, please see the pages below.
https://www.gogojungle.co.jp/tools/indicators/50668
This time it is an article about backtesting results.
We will publish because we validated it using credible historical data.
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About historical data
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Historical data from FXTF (Goldway Japan Co., Ltd.).
We have used data dating from July 2015 onward (data before June 2015 would shift GMT).
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XAUUSD M5
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As previously presented, we re-validated using FXTF data.
- Period: 2015.7.1 ~ 2024/4
- Trading hours: 13-17:00 (GMT+2, Summer Time GMT+3)
- Entry: Fibonacci 35%
- Stop loss: Fibonacci 10%
- Take profit: 300%
As a result of parameter tuning, the take profit of 300% showed a pattern of high profitability with relatively small drawdown.
Given the characteristics of gold as a currency, I think this data suggests it is better to capitalize strongly when it grows substantially.
Because it has a low win rate, in actual operation, you would need to patiently monitor for a long period to see the effect.
I myself have this setting running in my usual trading and during trading contests, so I would be grateful if you find it helpful.
That is all. Thank you for reading.
Announcement
For Shodo-Ride purchasers who leave a review, I am considering distributing the EA for free.
For now, it is only the MT5 version, but please look forward to it.