The Academy of Forex is testing the nnfx baseline indicator, which interacts with price action, but it does not meet the 60 win-loss ratio. The Academy offers a Patreon exclusive discord channel for $9 and a list of all the tested indicators. They have tested 30 different strategies with seven winners and 413 indicators with 171 winners. In the end, the nnfx baseline indicator did not meet the criteria, although they found a few moving averages that did.

Testing nnfx Baseline Indicator: A Detailed Analysis

Introduction

The Academy of Forex has been actively testing different trading strategies and indicators to develop the best trading system possible. In this video, we will be testing the nnfx baseline indicator, one of the many oscillating lines that interact with the price action. In this article, we will take an in-depth look at the testing results, discussing the setup, trades, and performance of this indicator.

Overview of the Testing Scoreboard

Before we dive into the nnfx baseline indicator, let’s take a quick look at the testing scoreboard. To date, the Academy of Forex has tested 30 different strategies, out of which only 7 were profitable. Alongside strategies, we have also tested 413 indicators, among which 171 indicators met or exceeded the 60-win loss ratio threshold set by the Academy. The best-performing indicators achieved a 100 percent win rate.

Introduction to nnfx Baseline Indicator

The nnfx baseline indicator allows traders to plot different moving averages or oscillating lines that interact with price action. You can choose from various moving averages and oscillators to set up this indicator. In this testing, the kauffman adaptive moving average was set up with a 30-period.

Trading Setup

The setup of this indicator is relatively easy. When the green arrow appears, the traders have to go long, and when the red arrow appears, they have to go short.

Testing Results

With the setup and trading rules in place, the Academy of Forex tested the nnfx baseline indicator. Here is a detailed analysis of the trades and their outcomes:

Trade 1: The first signal appeared, and the traders took a long position. The trade was profitable, and they exited with a take profit.

Trade 2: The second signal appeared, and the traders opened a position, but it was stopped out immediately with an opposite signal.

Trade 3: Another signal appeared, and the traders opened a long position, but it was stopped out with an immediate flip to the downside.

Trade 4: A long position was opened, and it reached the take profit level.

Trade 5: The traders opened a short position, but the market immediately flipped to the long side. The position was stopped out.

Trade 6: The traders opened a long position and exited with a take profit.

Trade 7: The next signal appeared, and the traders opened a short position, which turned out to be profitable, and they exited with a take profit.

Trade 8: The signal appeared, and the traders opened a position, but it was stopped out when the market immediately flipped to the long side.

Trade 9: Similar to the previous trade, the traders opened a short position, but it was stopped out with an immediate flip to the long side.

Trade 10: An arrow appeared, and the traders went long, but it was stopped out with an immediate flip to the downside.

Trade 11: The next signal appeared, and the traders went long. The trade was profitable, and they exited with a take profit.

Trade 12: Another arrow appeared in the opposite direction, and the traders opened a short position. This trade also reached the take profit level.

Trade 13: The final signal appeared, and the traders opened a long position, but it was stopped out with an immediate flip to the downside.

Outcomes

In total, thirteen trades were taken, out of which only five were profitable. The win rate of this indicator was 38 percent, which is lower than the threshold set by the Academy. Based on these results, the nnfx baseline indicator did not meet the criteria for the Academy of Forex’s best trading system.

Benefits of Joining Patreon

If you are interested in enhancing your trading knowledge and skills, you can join the Academy of Forex’s Patreon channel. By becoming a patron, you get exclusive access to the Academy’s Discord server, where you can find advanced information about trading strategies, trading philosophy, and trading indicators. You can also get access to the full list of winning indicators and the MT platform’s links to help grow your account quickly.

Conclusion

Overall, the nnfx baseline indicator did not meet the Academy’s criteria for the best trading system. However, this does not mean that it is entirely ineffective. As with other indicators, it may be useful in certain market conditions or with different trading strategies. By testing different indicators regularly, traders can develop a diversified portfolio that can perform better in different market environments.