The Academy of Forex
Watch previous videos to build the best forex trading system. Test of the Weiss Wave Indicator yielded 13 winning trades out of 13 with a minor tweak. Sign up for Patreon for a list of tested indicators and strategies, receive optimized indicators, and join the exclusive Discord channel.
Testing the Weiss Wave Indicator: An Evaluation of its Effectiveness in Forex Trading
Introduction
– Importance of having a solid trading system
– Building the best trading system together as a team at the Academy of Forex
– Reminder to watch previous videos on the channel
– Links to sign up for TradingView and Discord
– Introduction to the Patreon exclusive discord channel and benefits for patrons
Testing Scoreboard Update
– Total number of strategies and indicators tested
– Number of profitable strategies and indicators tested
– Importance of context and watching previous videos to understand winning indicators
– Reminder that strategies and indicators can be applied universally to any market
Testing the Weiss Wave Indicator
– Initial plan to test with only bar coloration
– Difficulties encountered due to rapid changes in bar coloration
– Addition of threshold line to improve testing accuracy
– Strategy set up using break of threshold line and bar coloration
Testing Results
– Evaluation of short signals and profits earned
– Importance of fast forwarding through testing process to save time
– Recommendation to join Patreon exclusive channel for access to advanced trading information
– Total number of trades and winning trades
– Importance of minor tweaks to improve indicator effectiveness
– Reminder not to discard indicators that initially performed poorly
Conclusion
– Importance of continuous evaluation and testing in building a successful trading system
– Reminder to watch previous videos for context and understanding of winning indicators
– Links to sign up for TradingView and Discord
– Invitation to join the Patreon exclusive discord channel for advanced trading information and access to winning indicators.
