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Hello I'm manually backtesting my strategy on mt4 by scrolling through the charts and comparing my entry, t/p and s/l to price movement on the charts. I would like to fast track this process so I can compile data and determine the best placement of my stop loss and ideal exit point or rrr.
I...
I have a 67% win rate and 1.5 rrr with ichimoku. I found that trading asian pairs work best and its most reliable immediately after cloud break on 1h and 4h candles. I use daily ichimoku settings to confirm direction of trend and never trade against daily trend (even if 1h or 4h are bear).
I wholeheartedly agree! Scalping is like playing with fire and being on an emotional roller coaster. I like the h4 timeframe is well. Do you mind sharing the pairs you trade?