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.