Strategy - Backtest Uber ASH - Absolute Strength Histogram [UTS]Backtesting of Uber ASH - Absolute Strength Histogram
Backtest with focus win/loss profitability. Formula: profitability = win / (win+loss)
Do not put too much weight on trade PNL as the value is not necessary correct.
For example: on SL or TP hit an open position is marked as to be closed but executed on the open a new candle, thus leads to incorrect PNL.
Default equity 50k
Default 2% Risk per trade
Default currency USD
Define backtest interval precisely by month, year, day
ATR (len: 14, smooth: SMA)
ATR based Stop-Loss, if hit trade will be closed and considered as loss
ATR based Take-Profit, if hit trade will be closed and considered as win
If TP or SL is hit trade is closed and of course considered as win/loss
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ASH
[GM PRO] ASH+The Absolute Strength Histogram with built in strategy tester to help you find optimum trade entries, and best parameters for your System.
Includes
- Backtest start date
- Backtest end date
- Money Managment (percent risk, stop loss and take profit distance and ratio).
- Fully Featured Absolute Strength Histogram - with many MA modes and options.
The indicator comes with default settings. It is up to you to fine tune and find the optimal settings for the market you trade.
Coming Soon - Full fledged Algorithms - including entries, exits, and volatility/volume filters to keep you out of those choppy sideways markets. Look for the GM ELITE tag.
