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The currency pair in this video is usually my favourite one, but in real life not everything works out all the time!
Usually I would expect good results from this currency pair, but it looks that either the year 2019 is not the best to trade it, or the current setup is just not a good fit.
I will find that out when I record the videos for all the other entry signals.
A high risk setting of 30 is something that I would usually avoid, but in this case I simply refused to take a smaller risk that would produce a loss.
Humans are biased and I wanted this to work, but you will see that the result is far from what I had expected.
I know the reason is that by setting an end date for the backtest the strategy tester has no other option than to close all trades – even the open losses.
I wouldn’t do that on a real account, but that is how the strategy tests work.
And I am still so unsatisfied that I am still tempted to manipulate my own system – but I learned not to do that.
Otherwise it would no longer be something that is worth to be called a system.
You can download the free version for the Algorithmic Trading System below the video on our website AlgorithmicTradingSystem.com
It will work with original Metatrader 5 demo accounts.
If you are interested to learn more, or if you are interested to trade this system on a real account, make sure to become a starter member for just one dollar.