[Verification] Profit in Range Markets Too! Achieved 17 wins + 227.7 pips using 2-sign method on the Market Calculator
? This Verification Theme
Last time, we delivered verification results using only the “confirmation signals” in a trending market.
This time, we deliberately test under unfavorable conditions.
“What happens if you mechanically enter in a ranging market?”
Originally, the market calculator is a tool for trends.
However, we have received many questions from beginners asking, “Can it be used in a ranging market as well?” (In principle, it is better not to enter.)
Therefore, using the ranging market on August 8, 2024, we conducted a verification without distinguishing between trend and range, using a method that even beginners can follow.
? Verification Conditions and Method
【 verification date 】 August 8, 2024 (range market)
【 currency pair used 】 GOLD (1-minute chart)
【 signs used 】 Confirmation signal + Entry signal (two used)
【 verification method 】 Fully mechanical entry
● Entry rule (super simple)
Prepare when the confirmation signal appears
Enter on the entry signal
Close with the direction opposite confirmation signal
No trend judgment at all. The trend analysis function is sealed.
It’s a method where beginners won’t hesitate because you enter when a signal appears.
? Full results of 17 trades disclosed
Total gained pips: +227.7 pips
Win rate: 47% (17 trades, 8 wins, 9 losses)
August 8 was a range market for GOLD with no clear direction.
Nevertheless, what’s notable is that profit was achieved even with a 47% win rate.
In particular:
Second trade: +126.4 pips ($1,264 profit)
Ninth trade: +120.7 pips ($1,207 profit)
These two large profits cover the smaller losses in the range.
? Recommended settings for ranging markets
When range-trading GOLD on a 1-minute chart:
【 settings of the market calculator 】
Entry threshold: 3
Confirmation score threshold: 3
Omen-related: not used this time, optional
A range-market-specific setup to catch even small trends.
? Three key points learned from the verification
1. You can profit even with a low win rate
Even in a disadvantageous ranging market, the principle of small losses and big gains is realized naturally.
2. It is feasible in ranging markets
Even in directionless markets like August 8, profits can be made with proper settings.
3. Beginners can implement it
Eliminating “judgment” and simply following the signals.
? Summary: The depth of the Market Calculator
Last time: Used only the “confirmation signal” in trend markets
This time: Used “confirmation signal + entry signal” in range markets
Even in the August 8 range market, profits were properly achieved.
This is the power of the market calculator.
Can be used not only in trending markets but also in ranging markets with flexibility.
Even beginners can achieve results simply by following the signals.
Next time, we will again present verification results of the market calculator from another angle.
Details of the market calculator here
https://www.gogojungle.co.jp/tools/indicators/66008