Page Creation Date: 2024.11.07
Last Updated: 2024.11.25
Backtest 006: 4-Hour Chart Line Break 2
Environment:
・On the 4-hour chart, the price crosses the middle line of the Bollinger Bands within two bars and breaks through the recent high (low).
Entry: Break of the recent high (or low) on the 4-hour chart.
Exit: Cut at the 4-hour candlestick has clearly broken below (above) the middle line of the Bollinger Bands with the entire body (trailing stop).
Stop Loss: -20 pips / Move the stop loss line to break-even after advancing 20 pips.
・The dates and times of the backtesting results are GMT+2.
Note:
・Second 4-hour chart backtest.
Example: 2024.02.14 16:30 (GMT+2)
Results
Notes:
EUR/USD:
・Usability: NO.
PF is below 3 and needs to be further narrowed down.
・Profit Factor (PF): 2.38
Gained: 1793 pips, Lost: 750.5 pips, Break-even trades: 46.08% (47/102)、（*2022.01-2024.09, about 2 years 9 months）
・Win rate: 18.63% (19/102)
・Trading opportunities: 4.86 times/month。min.: 1 times/month (2024.08) max.: 8 times/month (2024.03)
・Maximum drawdown: 18 times (-249.8pips、2023.06.14 – 2023.03.24, approximately 9 month, up to 8 consecutive stop losses)
