Backtested indicator or trading system: ! Mobo average bands (mtf + alerts + arrows)mrtools wrote: Fri Oct 28, 2022 7:04 am Added the signal line, averages for the bands and signals, alerts, and 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