write 20 words summary based on this youtube script without saying in this videoWelcome in this video I’m testing this person’s strategy 100 trades in a row it’s called best indicator 99.8 win rate that earned me a staggering 3.9 million dollars here’s the Creator who posted this video on YouTube so giving them credit here in the thumbnail they say
130 win rate title 99.8 percent win rate I don’t know what it is so that’s why I’m going to back test this strategy using the exact rules that they present in their video now before getting into the breakdown of the strategy and the indicators that I’ll be testing a shout
Out to my affiliate bingx exchange this exchange is awesome because you can trade crypto stocks Forex indices Commodities and with competitive fees so no kyc no VPN needed check these guys out with my affiliate Link in the description down below now back to the video this strategy is very simple they
Outline the exact rules in their video so you can watch their video if you’d like but I’ll explain the rules quickly now there’s two indicators native for the strategy we have UT bot alerts so UT bot alerts here by Quant Nomad and then I’ll show you the settings
Here these are giving the buy and sell signals so settings are changed two and one then we have the linear regression candles here are the settings signal smoothing 7 linear regression length 11 okay here it is in the library linear regression candles by ugu rvu all right so those are the indicators
That’s all you need I’m on a 15 minute time frame Euro against the US dollar in their video that they posted they showed euro dollar being used and on a 15 minute time frame for part of the video as well as five minute time frame for
Part of the video so I’m just going to back test it 100 times on the 15 minute time frame see how this strategy does now let’s talk about the rules um so an entry very very simple there are two conditions for entry and one is that if
We have a Buy Signal given we can take it but only if this linear regression line is sloping to the upside if it’s coming to the upside when we get a Buy Signal that’s when we’ll take a Buy Signal okay so this here is a valid Buy Signal okay
And as far as the stop loss goes we actually don’t have a hard set stop loss with this strategy according to their rules um you just close the position once this linear regression line starts sloping to the downside again so you can see that happens on this candle here which is why
That’s where I’ve set that profit objective to so for testing this I’m going to be just counting how many total Pips that it captures and how many total Pips that this strategy loses so that way we can get not only a win rate but also kind of do some calculations see
How many Pips that this strategy makes okay so let’s talk about these sell signals this would not be a valid sell signal because the linear regression line is still coming to the upside when we get the sell signal same with this one not a valid sell signal we need to see that
It’s sloping to the downside for a cell signal to be valid again this one not going to be taking it so here’s a valid sell signal so we can see linear regression line sloping to the downside cell signal that is the strategy we close it out once this line
Starts curving back up so it would be on this candle’s close right here meaning on this one it takes a loss of 34 Pips so that is the strategy it’s very simple and so there’s not too much more to explain let’s get into the 100 back test and I’ll present the data afterwards All right the results are in after the 100 back tested trades and these are my results here tested on Euro against the US dollar 15 minute time frame did not restore a word ratio because of the way that the take profit and exit are done with the curvature of the line
Regression line took about three months of the hundred trades and out of those 40 winners and 60 losses so we’re not quite reaching that 99.8 percent win rate definitely not the 130 win rate that was advertised in the thumbnail then the most wins in a row was five
Most losses in a row was six total Pips one 491.54 total Pips lost 639.8 the average win being 12.2885 average loss 10.66333 so the net loss Is 148.28 pips so this strategy um I don’t know what went wrong here with the back testing that I’ve done compared to when this person made 3.9
Million dollars trading this strategy but something has gone wrong um I will say that every sample of price data that’s tested will have different results so perhaps when they traded this strategy and made 3.9 million dollars that it just happened to be a really good period in the market where they
Were able to get incredibly lucky and make that 3.9 million dollars um and so I’m not saying that uh what they’re claiming is impossible um but it’s a little bit hard to believe in my opinion what they’re saying but um I’m not saying that they’re lying or anything like that um no accusations
Towards this person um but it’s just really impressive that they were able to make 3.9 million dollars trading this strategy and I think that um that they got really lucky uh if that is the case so that’s going to be it for this video just be uh careful out there with the strategies
You see online especially if they’re advertising some crazy numbers uh that’s why when I make a video title it normally says the exact thing that I actually got in the video based on the back testing like I have a video that says 76 learn rate the reason it says
That is because when I back tested the strategy it had a 76 win rate based on the back testing so yeah that’s all I’ll say for this one uh thank you guys for watching and have a great day
write 2100 words and add headings article based on this youtube script use 20 words in a sentence in maximum 25% of sentencesWelcome in this video I’m testing this person’s strategy 100 trades in a row it’s called best indicator 99.8 win rate that earned me a staggering 3.9 million dollars here’s the Creator who posted this video on YouTube so giving them credit here in the thumbnail they say
130 win rate title 99.8 percent win rate I don’t know what it is so that’s why I’m going to back test this strategy using the exact rules that they present in their video now before getting into the breakdown of the strategy and the indicators that I’ll be testing a shout
Out to my affiliate bingx exchange this exchange is awesome because you can trade crypto stocks Forex indices Commodities and with competitive fees so no kyc no VPN needed check these guys out with my affiliate Link in the description down below now back to the video this strategy is very simple they
Outline the exact rules in their video so you can watch their video if you’d like but I’ll explain the rules quickly now there’s two indicators native for the strategy we have UT bot alerts so UT bot alerts here by Quant Nomad and then I’ll show you the settings
Here these are giving the buy and sell signals so settings are changed two and one then we have the linear regression candles here are the settings signal smoothing 7 linear regression length 11 okay here it is in the library linear regression candles by ugu rvu all right so those are the indicators
That’s all you need I’m on a 15 minute time frame Euro against the US dollar in their video that they posted they showed euro dollar being used and on a 15 minute time frame for part of the video as well as five minute time frame for
Part of the video so I’m just going to back test it 100 times on the 15 minute time frame see how this strategy does now let’s talk about the rules um so an entry very very simple there are two conditions for entry and one is that if
We have a Buy Signal given we can take it but only if this linear regression line is sloping to the upside if it’s coming to the upside when we get a Buy Signal that’s when we’ll take a Buy Signal okay so this here is a valid Buy Signal okay
And as far as the stop loss goes we actually don’t have a hard set stop loss with this strategy according to their rules um you just close the position once this linear regression line starts sloping to the downside again so you can see that happens on this candle here which is why
That’s where I’ve set that profit objective to so for testing this I’m going to be just counting how many total Pips that it captures and how many total Pips that this strategy loses so that way we can get not only a win rate but also kind of do some calculations see
How many Pips that this strategy makes okay so let’s talk about these sell signals this would not be a valid sell signal because the linear regression line is still coming to the upside when we get the sell signal same with this one not a valid sell signal we need to see that
It’s sloping to the downside for a cell signal to be valid again this one not going to be taking it so here’s a valid sell signal so we can see linear regression line sloping to the downside cell signal that is the strategy we close it out once this line
Starts curving back up so it would be on this candle’s close right here meaning on this one it takes a loss of 34 Pips so that is the strategy it’s very simple and so there’s not too much more to explain let’s get into the 100 back test and I’ll present the data afterwards All right the results are in after the 100 back tested trades and these are my results here tested on Euro against the US dollar 15 minute time frame did not restore a word ratio because of the way that the take profit and exit are done with the curvature of the line
Regression line took about three months of the hundred trades and out of those 40 winners and 60 losses so we’re not quite reaching that 99.8 percent win rate definitely not the 130 win rate that was advertised in the thumbnail then the most wins in a row was five
Most losses in a row was six total Pips one 491.54 total Pips lost 639.8 the average win being 12.2885 average loss 10.66333 so the net loss Is 148.28 pips so this strategy um I don’t know what went wrong here with the back testing that I’ve done compared to when this person made 3.9
Million dollars trading this strategy but something has gone wrong um I will say that every sample of price data that’s tested will have different results so perhaps when they traded this strategy and made 3.9 million dollars that it just happened to be a really good period in the market where they
Were able to get incredibly lucky and make that 3.9 million dollars um and so I’m not saying that uh what they’re claiming is impossible um but it’s a little bit hard to believe in my opinion what they’re saying but um I’m not saying that they’re lying or anything like that um no accusations
Towards this person um but it’s just really impressive that they were able to make 3.9 million dollars trading this strategy and I think that um that they got really lucky uh if that is the case so that’s going to be it for this video just be uh careful out there with the strategies
You see online especially if they’re advertising some crazy numbers uh that’s why when I make a video title it normally says the exact thing that I actually got in the video based on the back testing like I have a video that says 76 learn rate the reason it says
That is because when I back tested the strategy it had a 76 win rate based on the back testing so yeah that’s all I’ll say for this one uh thank you guys for watching and have a great day