Backtested reverse Dax open 5 minutes
Hello everyone
Not long ago, I was playing around with the Dax open trade and did a simple strategy trade on the 5-minute candle at 7:55 AM (GMT). So if the 7:55 candle is a red candle, buy and vice versa. SL 12 and tp 6 (seems to be the best R/R for best results). I ran it through the IG Proreal strategy tester and attached the results. (Remember this is a demo and using historical data from IG, I don't know how accurate it is
I think I started with 10k, it's 2 (or 3) years in, sorry it was a while ago, just saw this screenshot on my computer. Glad someone would backtest it and let us all know.
Not long ago, I was playing around with the Dax open trade and did a simple strategy trade on the 5-minute candle at 7:55 AM (GMT). So if the 7:55 candle is a red candle, buy and vice versa. SL 12 and tp 6 (seems to be the best R/R for best results). I ran it through the IG Proreal strategy tester and attached the results. (Remember this is a demo and using historical data from IG, I don't know how accurate it is
I think I started with 10k, it's 2 (or 3) years in, sorry it was a while ago, just saw this screenshot on my computer. Glad someone would backtest it and let us all know.
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