This is the first backtest off a new strategy I am working on, again only at the alpha stage at the moment. I need to spend more time looking at the exit strategy. This has been run with a 5% risk per trade.
This uses Fixed Range Bars and so the modelling quality is always going to be n/a.
It aims to capture the big swings in the markets and get out quickly if it is wrong. Designed to mimic how a manual trader would trade.
Only forward testing will tell if this will work.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.