I Back Tested TraderNick's 100 Pip A Day Strategy (Using ForexTester 5)

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  • Опубліковано 27 лис 2024

КОМЕНТАРІ • 26

  • @DisciplinedTraderUK
    @DisciplinedTraderUK  2 роки тому +3

    Hi Traders, thanks for watching the video! I hope you liked this one. If you want to get Forex Tester 5 for yourself, you can use this link to get a Disciplined Trader discount - bit.ly/ForexTester5DT 👍👍

  • @emilianobairos1083
    @emilianobairos1083 2 роки тому +4

    wow you explain it real well, you should have more lessons like this. like this alot.

  • @VampirusX
    @VampirusX Рік тому

    15:00 You can call it "liquidity grab" as well.
    The big players need liquidity to move their big positions.
    That's why I would always close my position when a "darvas box" (consolidation) creates to wait for the grabs plays out to trade the continuation.

  • @edjdoran
    @edjdoran Рік тому +1

    This back test leads me to think that going long rather than short after breaking the previous low would be a winning strategy, especially when there is a bigger uptrend.

  • @TheTobechukwu
    @TheTobechukwu 2 роки тому +3

    Bro nice channel. Please do more back tests of strategies and compare them with and without skipping economic news days. I’ve done some back tests and it shows that trading news affects p/l negatively. Thanks

  • @cleberiack6280
    @cleberiack6280 Рік тому

    Thank you very much. Please make more videos by testing strategies.

  • @ryalman21
    @ryalman21 2 роки тому +1

    Great video. Nice when someone else does the work of testing :-) hope you can review more strategies?

    • @DisciplinedTraderUK
      @DisciplinedTraderUK  2 роки тому

      Thanks Flight, yeah I might do some more of this in the future 👍

  • @claudesaint17
    @claudesaint17 5 місяців тому

    It's a good strategy. The only mistake was you didn't follow the trend. You should back test again. This time follow the trend

  • @paru155
    @paru155 2 роки тому

    Wow man. This is amazing. Love from India.
    Subscribed to your channel to learn more.

  • @lounge_escape
    @lounge_escape 2 роки тому +2

    I watched this entire video. I use this same strategy too. You needed to filter the entries with the 50 moving average . This will help you know when to buy and sell.

  • @perminder30
    @perminder30 2 роки тому

    Hello Luke, I have a question - im still not clear with what are pips can you please explain?

    • @DisciplinedTraderUK
      @DisciplinedTraderUK  2 роки тому

      Hi Preminder, try this video - ua-cam.com/video/MVFcYjZadEY/v-deo.html

  • @davidmadle5007
    @davidmadle5007 2 роки тому

    thanks for sharing

  • @ajeetkumar-mp9tc
    @ajeetkumar-mp9tc 2 роки тому

    hi sir really good job

  • @urlying9344
    @urlying9344 2 роки тому

    Why have you stopped trading the 5min chart

    • @DisciplinedTraderUK
      @DisciplinedTraderUK  2 роки тому

      I prefer the longer term charts

    • @urlying9344
      @urlying9344 2 роки тому

      @@DisciplinedTraderUK so you spent time leaning James' strategies and then changed to higher timeframes are they not working for you anymore?

  • @EzioTrader
    @EzioTrader Рік тому

    I need this software but i have a mac

    • @hkloss11
      @hkloss11 7 місяців тому

      hi. I have just bought myself a very well priced Macbook pro 14, I haven't yet, unsealed, so, if I find out Macs are not good, I can still return. I am seeing most, if not all brokers offer Mac OS compatible experience, there's also an MT4 and MT5 IOS app available from Apple store to download, which has got some very good reviews, 4.8 out of 5. Have you tested and compared the experience of trading on Mac vs Windows in 2023 or 2024? Are these experiences diffrent and Mac comes worst?
      What about using tablets for trading? Is it better on IOS or Android?
      No one on YT has done a proper comparison, who knows Mac might not be that much worst.
      Is your experience day trading currency pairs and indicies or do you swing trade stocks?

  • @bhitz
    @bhitz Рік тому

    I promise if you lose money backtesting, it would be much worse in actuality. You gotta factor in slippage, distractions, etc. -- these perfect entries/exits wouldn't be so good.
    Great work shining the light and these hype jobs using other people as lab rats and for financial gain. They make their money from UA-cam.