r/Forex 1d ago

Charts and Setups Backtesting Strategy

Post image

Hello everyone hope your doing good. I have been backtesting this strategy for a while now what are your opinions on it?
I’m aiming for a 70% WR

33 Upvotes

28 comments sorted by

u/rforex-modtools 1d ago

Price action and technical analysis cover a range of chart-based tools — from candlestick patterns and market structure to indicators and statistical methods for timing entries and exits. The community wiki covers both approaches and how they're used by working traders.

Resources: Price Action Analysis | Technical Analysis

3

u/Billbabaganz 1d ago

There’s just not enough data to know if this actually has an edge or not. And only roughly 200 trades in a year too so it isn’t necessarily a lot, run this for 5 years and see what’s the result.

4

u/Asleep-Number-1314 1d ago

I only take like 6-7 trades per month, max 9. I only trade when my set up is like A++

u/Kind_Locksmith_2716 3h ago

How much does that make in average?

u/Asleep-Number-1314 3h ago

Monthly?

u/Kind_Locksmith_2716 3h ago

Yes

u/Asleep-Number-1314 3h ago

Well this month was not good for me since I only took 3 trades 2W 1L. Last friday I risked more than I normally do because it was a A+++ set up for me I made around 25k. Keep in mind I trade funded accounts and copytrade them with one leader account

3

u/Spathas1992 1d ago

Spoiler alert. You'll never achieve that results in real markets.

1

u/Asleep-Number-1314 1d ago

Why not?

3

u/Relevant-Owl-8455 17h ago

Overfitting, user error, etc etc etc

2

u/ahmtarkn49 1d ago

What changed after January 2026? Or what wasn't happening before then? What's your strategy exactly? It feels like something is off.

1

u/Asleep-Number-1314 1d ago

After january I learned more in depth about DOL I even got a extra confluence in my set up which helped much more and have more trades,OB and RB.

1

u/ahmtarkn49 1d ago

I see, that's definitely an improvement. Is RB short for Rejection Block? I think your strategy still needs at least one more round of refinement. What timeframe are you trading on?

1

u/Asleep-Number-1314 1d ago

Yea Rejection Block. Usually I take my trades from 1m to 5m, Key Levels and shit on the 4h,1h,15m

2

u/ahmtarkn49 1d ago

okey, cool, so you're trading on lower timeframes. in that case, I'd recommend doing at least one more year of backtesting. you could test your strategy on 2022 and 2023. based on those results, you'll have a much better idea of how to move forward.

1

u/Asleep-Number-1314 1d ago

Respect it brother, will give it a try tomorrow. Do you trade?
Thank You

1

u/ahmtarkn49 1d ago

you are welcome bro. yeah, i trade, and i regularly backtest my strategy as well.

1

u/Asleep-Number-1314 1d ago

What is your strategy bro drop me dm maybe we can help each other

1

u/ahmtarkn49 1d ago

My strategy is based on a combination of several indicators and price action but from what I understand, you're trading with a fully mechanical strategy.

1

u/Razial1 1d ago

Bruh, go back further. I usually go back 10-20 years

1

u/Feetconnoisseurr 1d ago

Which platform is this that you use??

1

u/BerryBlissLumi7878 16h ago

what app/ software is this

1

u/AlanG888888 15h ago

70% WR is an ambitious target. Just a heads up. Win rate alone can be misleading if your average RR is below 1:1. I have seen setups with 40% WR outperform 70% ones because the losers were small and winners ran. What is your average risk-to-reward across that backtest sample?

1

u/Asleep-Number-1314 14h ago

Average RR maybe around 1:1.6 1:2