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Originally Posted by bukumirac
Hi Summerset,
I started with backtesting, but my uppinion about is,that every backtesting works, with any indicator and that is a fact for most new traders to feed the market with funds in a moment.......- I was specialy aatracted with Your analisys and hope in future I can do simmilar
Thanks and best regards,
Bule
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Hi Bule,
The important thing to note in yr back testing, is that U will be back testing the intraday S/R platforms to hold / break relative to yr entry order.
U are not back testing your limit order as an entry in itself as a value.
This means that U must back test the entry parameters (LSMA, CCi identifier, & Divergence) Not at the precise moment that yr pre-calculated order would have filled. But take their readings 3-4 hrs after order filling.Then U will have an >85% correct decision to hold or bailout of filled position.
This is very TRUE & Successful. And if U practice it & fine tune on it. I am sure that U will be doing much more than my analysis in future.
Will look forward to hearing of yr back test results, and progress / findings.