SSL Backtester With ATR SL TP and Money Management — Strategy by JBTrippin
By JBTrippin
Performance Metrics
- Author: JBTrippin
- Symbol: FX:EURJPY
- Timeframe: 1 day
- Net P&L: −1,032.69 JPY (−10.33%)
- Win Rate: 57.4%
- Profit Factor: 0.938
- Max Drawdown: 2,018.20 JPY (20.18%)
- Total Trades: 467
- Sharpe Ratio: −0.207
Description
Similar to other SSL Channel scripts, but this one allows you to set an ATR-derived stop loss and adds the option to risk a % of the equity or used a fixed lot. Enters upon a long or short SSL crossover.FIXED LOTSFor 0.01 "lots" use 1000For 1 standard lot, use 100,000FOR MONEY MANAGEMENTFor 1% risk, enter 0.01For 10% risk, enter 0.1etcYou should be able to adapt this to any other indicator by just changing the entry conditions and adding your own indicator values.It is not meant to be a profitable script, just a template to begin adding money management ideas to existing scripts which currently just enter and exit on an event.