Since the turn of the year I have been working hard back test my Forex trading algorithm and switching in and out different indicators, my results were all over the place at the start of January but recently I think I have started to stem the bleeding. The current set up I have has proved well in back testing, initially I only tested the baseline, then added in my first confirmation indicator, followed by a second confirmation indicator and supported with a volume indicator which has proved the most successful in eliminating losses in back testing by keeping me out of poor volume trades.
Because as VP said - " We win by not losing"
I initially started at the end of 2019 with a £10,000 demo account but through trials and testing I managed to work this down to less than £9,000, it is my aim with algo to build this back up to the original balance and then earn 10% extra in demo phase but I am willing to commit funds into a live account.Over the last week I have managed to make profit of 2.6% and still have around 1% in open trades.
I have traded and executed these trades in the way that VP of no nonsense Forex how shown me through his many blog posts, podcasts and YouTube videos, these have been an excellent resource and have really changed my way of think in the world of Forex
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