The Academy of Forex is testing the EMA breakout first retest indicator in this video. They have tested 198 indicators so far, with 79 winners. The video also discusses the Academy of Forex team’s efforts in creating the best trading system possible and provides links to join their Discord or sign up for TradingView or Patreon. The EMA breakout first retest indicator includes red and green triangles to signify when a retest of the moving average takes place.
Testing the EMA Breakout First Retest Indicator
– Introduction and Necessary Background
– Building the Best Trading System as a Team
– Links to First Video, Trading View, and Discord
– Indicator Creation Support for MT4 and Trading View
– The Importance of Watching Previous Videos
– The Benefits of Patreon Support
Indicator Scoreboard and Winning Indicators
– Overview of the EMA Breakout First Retest Indicator
– The EMA Breakout First Retest Peak Breakout Indicator
– Indicator Settings and Components
– The Significance of Red and Green Triangles
– How X’s Mark the Breakout Points
– The Significance of Red and Green Lines
Testing the EMA Breakout First Retest Indicator
– Testing Methodology and Criteria
– Performance of the EMA Breakout First Retest Indicator
– Backtesting Results and Analysis
– Demo Account Results and Analysis
– Live Trading Results and Analysis
Conclusion and Key Takeaways
– Recap of Beneficial Links and Supporting Patreon
– Summary of Important Indicator Features and Settings
– Summary of Testing Results and Analysis
– Importance of Continual Testing and Improvement
– Final Thoughts and Future Plans