Hi Traders,
In this episode we create a multi timeframe trading signal, using the Oversold condition on the Daily RSI, combined with the breakout signal on the hourly timeframe, which helps pinpoint a high probability signal.
We hope you enjoy the episode.
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n Episode 406 of Trading Talk, we continue developing our trade management framework by introducing a breakout-based entry model and testing its performance through structured backtesting.
n Episode 406 of Trading Talk, we continue developing our trade management framework by introducing a breakout-based entry model and testing its performance through structured backtesting.
In Episode 405 of Trading Talk, We build out the trading strategy introduced in last week’s session, focusing on how individual components come together to form a complete, executable system.
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Risk Warning: Trading leveraged products carries significant risks and is not suitable for all investors. Please ensure that you fully understand the risks involved before entering into any trades. You could lose substantially more than your initial deposit. Any information on this website is general in nature and does not take into account your financial situation, objectives or your needs. Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record. Simulated results DO NOT represent actual trading. Also, since trades have not been executed the results may have under-or-over compensated for impact, if any, of certain market factors, such as lack of liquidity. Simulated Trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or loss similar to those shown.
