mrtools wrote: Fri Oct 28, 2022 7:04 am Added the signal line, averages for the bands and signals, alerts, and arrows.

Backtested indicator or trading system: ! Mobo average bands (mtf + alerts + arrows)
Backtest Trading Method: Use Soft4fx

Backtest currency: GBPJPY
Historical date of backtesting: default August 2003
Chart time: 5 minutes

Leverage 1:1000

Number of transactions: 25 times
Number of losses: 7 times
Winning times: 18 times

Trading lot: 1 Lot
Stop loss: 20-50 pips
Total Earned Profit: 3068.18

Trading rules:

Entries:

DPO is above the 0 line, the color is green, and the MA breaks through the Bollinger Band to buy long.
DPO is below the 0 line, the color shows red, and the MA breaks through the Bollinger Bands to buy short

Exiting: T/P
Take profit when the dpo line changes to the opposite color