Published On Jan 6, 2022
In this video, I backtested a simple 10/20 ema crossover strategy (that many beginner traders tend to use) in order to find out if it really works.. the results were quite interestingđ
Reminder of some of the rules:
1. I'm testing this all on EURUSD
2. I'm only using the 15 minute timeframe
3. The data is from August 1st, 2021 and onwards
4. I'm only using the 10 & 20 ema
5. I'm entering one trade at a time
6. Stoplosses are placed 0.5-1 pips past the most recent highs or lows
7. The risk is 1% per trade with a $1000 starting balance
8. The risk to reward ratio is a 1 to 2 (TP is double compared to the SL)
9. I'm only entering a buy or sell after the next 15 minute candle opens, once the emas crossover
10. 100 trades are being tested in total
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Music: 'Feels Like Winning' by StreamBeats
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DISCLAIMER: This video is not financial advice, itâs for educational and entertainment purposes only. The information provided is simply based on my own personal opinion or knowledge. Iâm not a licensed financial advisor so be sure to speak with your own financial advisor, and to do your own research. Any links provided help support the channel, where I may receive a commission at no additional cost to you. Also, trading or investing carries a large amount of risks with the real potential of losses. Past performances due not guarantee future results. Be careful.â ď¸