Patient Trendfollower (7)(alpha) Backtesting Algorithm — Strategy by OrcChieftain
By everget
Performance Metrics
- Author: everget
- Symbol: FX:EURUSD
- Timeframe: 1 hour
- Net P&L: +20,659.74 USD (+20.66%)
- Win Rate: 59.0%
- Profit Factor: 1.902
- Max Drawdown: 1,291.34 USD (1.27%)
- Total Trades: 212
- Sharpe Ratio: 0.792
Description
This is an alpha version of backtesting algorithm for my Patient Trendfollower (7) strategy. It can help you adapt the indicator to other charts than EURUSD. Please bear in mind that price action, volume profiles and supzistences are a catalyst for successful trading, not an indicator. You can get significantly better results if you use these things in your trading and use Trendfollower only as a secondary tool.Patient Trendfollower IndicatorThanks belongs to everget and Satik FX, their contributions are highlighted on an indicator page.