How to Backtest a Trading Strategy – 4hr Outside Bar Part 4

This is the fourth part in this series where I take a Forex strategy I found for free and backtest it.  I hope to make some improvements and by the end of the development process it could be a useable strategy.

If you haven’t seen the first part then you can watch that here: PART 1

If you haven’t seen the second part then you can watch that here: PART 2

If you haven’t seen the third part then you can watch that here: PART 3

In this video I continue the development process.  I continue looking at Stop loss and Profit levels.  But this time rather than using fixed pip or fixed Dollar levels, I am going to choose a level related to the volatility of the set up bar.   Watch the video to find out how it works.

 

 

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