Doji Reversals: A Secret Weapon for Forex Traders

Рет қаралды 6,258

Күн бұрын

In this video we test a Reversal Trading Strategy using a Doji setup. 14 different Forex pairs are tested individually and collectively as a portfolio.
For the same entry setup, 3 different exit strategies are also tested. With one of the exits giving win rates of up to 90%.
All the testing is done using MultiCharts.
LATEST TRADING COURSE including TRADING STRATEGIES: www.thetransparenttrader.com/...
FREE 22 page Beat the Markets Strategy Guidebook here: www.thetransparenttrader.com/...
FOREX STRATEGY DATABASE: bit.ly/fx-strategy-database
WEBSITE: www.thetransparenttrader.com/
EMAIL ME: jarrod@thetransparenttrader.com
DISCLAIMER:
I am not a financial advisor and I am not offering you financial advice. I am not regulated in any way. The purpose of the content I provide is for educational purposes only.
Any information you receive is based on my own knowledge and experience in the financial markets and how you act on the information provided is your own responsibility.
I cannot be held responsible for any losses you may incur as a result of ideas taken from my content provided.

Пікірлер: 19

@samuelolugbenga4845 Жыл бұрын

Thank you ,as a beginner trader looking for strategies to try out and just learning the ropes about backtesting and tradig in general this is very priceless .Thanks for the video and the strategies

@chrisrustomnorthover 11 ай бұрын

Great work. You are appreciated.

@marcosunt1206 10 ай бұрын

The JPY has been bearish for last 15 years , thats why strategy works?

@DrMrsChaves Жыл бұрын

This is neat. The immediate problem I see is the trading frequency is super low. Some of these might only trade once every 3 months. I'll have to test myself, maybe less stringent filtering and/or smaller bar sizes. Thanks! Of course one solution would be to trade a large portfolio, but you need the capital for that.

@jamesbates8592 Жыл бұрын

Thank you

@kanekane-yv4co Жыл бұрын

Great stuff - could you possibly test 4hour and 8hour charts? Thanks.

@eitan71 Ай бұрын

great analysis, but i think 60-65 trades is not a statistically good enough base for a long term strategy. at least 85+ trades will give a better picture (100+ is much better IMHO) thanks for the hard work!

@markhields8203 Жыл бұрын

Jarrod, very helpful and detailed, thank you for showing us....and so...which of these pairs would you personally deem worthy of trading trade and on what exit strategy?

@TheTransparentTrader Жыл бұрын

I have since done some deeper development on USDCHF and have found that using an 8 day exit works well but also you can increase the doji body % threshold from 10% up to 20% to get more trades and make more net profit. Keeping a stop loss at 150 pips works too.

@markhields8203 Жыл бұрын

@@TheTransparentTrader thanks for responding and the comments, much appreciated. M

@wreckwatch3684 11 ай бұрын

Jarrod, thanks for this. Do you have a telegram id so that i could ask you some questions? If not, if you wanted to generate 1%-2% a month, what strategies and pairs would you suggest i take a look at? Thanks

@romost9482 5 ай бұрын

Whicht timeframe do you use?

@feijoa6854 Жыл бұрын

Do you remove the Buy or Sell Stop at the end of the day if it isn’t triggered?

@wayneflint8077 Жыл бұрын

There programmed into the Easy Language code. You don't have to do a thing.

@riwikzh7922 Жыл бұрын

Why do you test these specific pairs as opposed to all 28 major pairs?

@sillymesilly Жыл бұрын

Major pairs are 7 not 28. Major, minor and exotic

@wayneflint8077 Жыл бұрын

Do really won't to test/trade the USD/MXN or the other exotics? Maybe the AUD/NZD - the safest FX pair is too boring?

@klangfarbeblau9087 Жыл бұрын

I wonder about this portfolio manager in MC, you have several instruments but only one algo. ?! There is no resonable way to design a diversified portfolio with several markets and their own fitting strategies? Some kind of strange, isnt it?