Simple 90% Winrate Strategy with Backtest
In this video I show my 90% winrate daytrading strategy with examples. The trades are executed at the previous Highs / Lows of the day, I want to see a failed break there on the 15m timeframe in terms of a swing failure pattern.
I can recommend the broker Hankotrade, here is the link to register:
login.hankotrade.com/register...
I also announced Tom's channel @simplyforex and his discord with VIP signals: / discord
This is the Sessions & Trends indicator that you can use for this strategy, it is private, just add it to your favorites and then to your chart in Tradingview:
www.tradingview.com/script/RS...
Here you can find my TradingView indicators on this page:
www.tradingview.com/u/trading...
Production Music courtesy of Epidemic Sound: www.epidemicsound.com
Thank you for the video! I look forward to more videos diving deeper into the strategy :)
So it has to come back to precious day high/low twice and close below it before enter a trade?
Awesome and backtested. Thank you !
how many pairs are you scanning for this setup, and are you looking for a singe break or a double break in market strucutre? You did a double break on the first entry and a single on the second enrty
If someone claims they're winning more than 70% of the time they most likely either haven't backtested very far, aren't being consistent in their backtesting rules, or simply aren't being honest.
Well done, very interested to hear more about this strategy. Agree with another comment here, it's not entirely clear what the exact setup criteria is. In the first example you waited for a break in structure followed by a retest and another break in structure before entering. On the second example you didnt wait for a retest. If you could clarify further that would be great 😊
More clarity would be very welcome for sure, but if I'm not mistaken, the reason the second trade only needed a single break out followed by a single retracement is that when the price closed back inside the prior day's range, all of the other criteria were also met (Close below 20EMA, RSI
@@dedmaroz8943 Ahh great observation - thank you
Wonderful
The video I just watched, the explanation is easy to understand for beginners like me who are learning in the nfc community
Very well done video, easily explained and easy to understand
Are all these indicators put together in the indicator you released on twitter
You need 3 indicators: * Sessions & Trends (link in the description) * Pivots * RSI
Any new videos coming on this strategy? A few more examples and clarification of the entry criteria would be 👍
very useful and helpful video thank you I am still learning in the nusantara fx community
I do understand all that you said, but I couldn’t see how you set your indicators. Please if you can screenshot your indicators or do another video specifically speaking on how to set your ICT indicators Please sir
Approximately how many times a month do you trade with this strategy?
based on his worksheet, 50 trades are done within 5 months with 2 pair (AUDCAD & EURUSD)
I wanted to complete the backtest first before I started to trade live account with it. But I think we can get around 3 trades per week.
scanning how many pairs do you think 3 trades a week appears?@@TheTradingGuide
I would think if you are patient enough to only wait for the best setup and follow 5-6 pairs that should easily give 1 great setup each day in your trading session
Why you only focus on previous day high
Make more video on this strategy 🙏🏽
When I recovered from my flu, more videos will come.
Nice. Let's backtest....
Yep
I dont get this bro. In your first example the following happens: 1. sweep of PDH at 22:00 NY Time 2. than at 2 AM NY Time we closed back below the PDH and we are also below the EMA 20 and we also had a MSS before? so why this is not the entry trigger? do we have to go trough the same process than again? because we traded higher after this and than closed back below PDH (at 8:00 AM NY) im just asking because in the second example you didnt made it like in the first example. so i still dont understand what the exact rules are here.. anyways thank you for the video this model looks very interesting, just need to be sure, that we have a real step by step plan. have a great day!
I can't tell for certain but I think perhaps in the first example the RSI was not below 50 so no entry. Agree though the setup and entry criteria is not very clear so hopefully we get further clarification
Could you share backtesting sheet?
Will do when it is completed
@@TheTradingGuide Is it complete yet?
No backtest report - no strategy...🤗
"This video is very accurate in its interpretation of the financial sector and provides in-depth opinions. Thank you for sharing such valuable content!"
If I see once again clickbaity title with unrealistic win rate without any mention of average win and average loss I will start eating grass on my yard
Go to the charts and see the setups with the indicators I mentioned. If you find examples that dont work dont hesistate to send me why and where you entered the trade so that we can discuss.
@@TheTradingGuidethat don't work like that bro he can just comment and scroll down for other new things No work not sending proof of not working is needed 🫠
The first target as Daily Pivot is too close to the entry usually
If it is dont take the trade.
this is the itc silver bullet stratrgy. the incators are not needed
What has happened to your Discord channel? It is overrun by someone with WhatsApp spamming every channel in your group. Not fun.
Just cleaned it. Will be more active in near future on discord, Im a bit sick atm, but will do after I felt better.
Not realistic winrate , backtest live
Wonderful
Very well done video, easily explained and easy to understand
The video I just watched, the explanation is easy to understand for beginners like me who are learning in the nfc community