Technique Tester Reviews – Buying and selling Programs – 5 October 2022

An important

• There are not any two identical units of tick knowledge. Even when the standard is 99.9%, the information appear to be totally different from dealer to dealer, so do not give attention to one single dealer or set of information and somewhat attempt to see the entire image.
• As a consequence of the earlier assertion, we determined to backtest DooZER with tick knowledge from a number of brokers/suppliers.
• All the time backtest with 99.9% high quality tick knowledge. Do not depend on bacltests with worse tick knowledge high quality.
• We determined to problem DooZER with 5 years of tick knowledge, from January 2018 to the present day (as of the writing of this text, finish of September/starting of October 2022).
• The unfold used for the take a look at are the standard common spreads of a Uncooked Unfold Account at IC Markets (no endorsement meant), which is the dealer our demo and stay buying and selling accounts are at.

Our method

After a primary spherical of backtesting we quicly realized that there have been two forex pairs that had been stading out amonth all of the plethora of forex pairs (and even metals!) we examined. These two pairs are EURUSD and EURCHF. The primary one isn’t any mistery – essentially the most trades forex, with many good buying and selling alternatives. The second, nonetheless, was a shock. It supplied DooZER a really fascinating method of buying and selling with out the loopy up and downs of different pairs such those with the Japanese Yen. Subsequently we began doing a far more intensive spherical of backtesting focusing solely in these two pairs. This stated, regardless that the EURCHF pair was very fascinating to commerce, it yielded half of the revenue than the EURUSD. Once more, no shock. It is possibly not a forex pair to commerce alone, however as a second pair to commerce together with EURUSD it is excellent. Solely recommendable within the M30 timeframe, although. The M1 was too quick for the forex, and did not do as effectively.

Ideas out loud

1. The EURUSD,M1 was very constant all through all exams performing somewhat effectively. Additionally, we seen the identical factor in our forwardtests, and due to this fact the EURUSD,M1 is one among our suggestions.
2. If you happen to desire calmer buying and selling and fewer threat (although much less potential revenue, too) we’ll suggest the EURUSD within the M30 timeframe as an alternative. It has carried out effectively, and appeared very stable all through all knowledge.
3. The EURCHF is one thing we are able to suggest within the M30 timeframe if you wish to open a second chart together with EURUSD,M30.
4. The EURUSD,M1 ought to commerce alone. Including a second chart is one thing we do not suggest.
5. We’ll preserve a detailed eye out on the unique EURSGD, which did surprisingly effectively in our exams, and the NZDCHF cross, this latter with some fascinating leads to among the exams, and has some potential as a companion to EURUSD on the M30. Nonetheless, be certain your dealer has good unfold on them since they’re a little bit uncommon.
6. Different currencies did generally effectively and generally they didn’t relying on the dealer knowledge. They threw inconsistent and inconclusive outcomes, and we can’t suggest them.

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(All backtests carried out with 99.9% high quality tick knowledge from the industrial software program Tick Knowledge Suite)