today we're going to check out a 77 win rate strategy from the channel called
trade iq and i'm going to test it not just 100 times but 1 000 times as well
so we are on the pound chat on the 50-minute chart so go to indicators
tab just type in volatility and it will be the volatility oscillator by
verified the next indicator will be the triple ema from j world charts
and then the last indicator will be trend meter this will be the trend meter from vj underscore mc
so before we continue let us just talk about the trend meter first there are many
indicators like the trend meter most of them do repaint so when we did our test we didn't
find it to repaint but two of my testers did warn that there is a repainting code
inside this indicator so i just want to give you a heads up if you're gonna use this indicator
just test it out thoroughly and see what the results you get and that it doesn't repaint but
i do see many channels recommend these kinds of indicators but very few would give you a warning
if it would paints or not but i'm more interested in the results than the indicator
as 77 seems a little bit high so let us go over in the settings of the trend meter the inputs
i kept on default i didn't change anything there but i did disable the signals one and
for the volatility oscillator i kept the style as default and i kept the inputs as default as well
and the settings on the emas are 50 and 200 and i'm gonna disable
the third ema as you can see in the style
then going over into a buy setup the first thing we have to look at is that the 50 ema crosses over
the 200 as you can see over here on the arrows that i'm pointing out on and then we're gonna look
at the trend meter everything has to be green all these dots and the two lines as well and with the
volatility oscillator it has to cross above that upper band for the trade to be triggered as you
can see all the conditions are met at that trigger candle so i'm gonna place my trade at the start of
a new candle then i'm gonna place my stop loss at the previous low then risk 1 to 1.5 with spread
and another thing to note down is if we get the first red dot on that trend meter we are going to
place our take profit beneath the candle which is triggered by the exit as you can see on the chart
that is how it will look like and at that point i will take our profit and we will close our trade
and then going over into the cell setup exact same thing just vice versa the 50 emas across below the
200 we have to have all the red dots activated and the two red lines on the train meter and
the volatility oscillator has to be below that lower band as you can see where i'm pointing out
this will be our trigger candle and i'm going to place my stop loss at the previous high
and then risk 1 to 1.5 with spread and again our exit indicator will be triggered as soon as
we get the first green dot and then i'm gonna place my take profit on the high of that exit
candle and then i'm gonna close my trade and that is pretty much how it's gonna look like
so let us go into 100 tests before we do a thousand and on the pound jab we can see we had
54 wins and 46 losses this is with spread and leverage included this is on the 50 minute time
frame and i only risked one percent on each of these trades so the win rate on one to infinite
which means i rest one to whenever the take profit was taken out this might range anywhere from one
to zero point one all the way up from one to four as one to one point four was the highest that we
got from this whole test the win rate on the ones at 1.5 was 48 percent the winner on a one to two
50 and a one to one 51 now i just want to give a special thank you to my team getting these results
will be impossible without you guys so thank you very much so now let us go over into the real test
i tested all of this 1 200 times 200 times on each of these pairs on the 15 minute time frame
the leverage was once 100 spread was three there is the reward it was from one to infinite and the
results that you see on the screen is from that r r the winston rover 3 the losses in robot 4
and we only risked one percent the average of winrate on the euro jab was 42 percent on a usd
cad it was 41 on a year a pound also 41 on gold 32 on nasdaq 36 and on bitcoin
39 this gave us an average win rate of on a one to infinite of 38 on a one to two of 19
on a one to one point five of twenty nine percent on a one to two thirty three percent and on a one
to one thirty five percent so as we can see very far from any seventy percent win rate so this is
of course no hate to trade iq this is just me getting real results so i'm just gonna let the
results just stay here for a little while and then we're gonna continue into the scoreboard
and then going over into the scoreboard we can see the train meter with the trikon
volatility the 50 and the 200 ema 1200 were done wide trade iq came in at 38 percent
on the 50 minute time frame risking one to infinite and if you want to view
the spreadsheet in your own time i will link it down in the description down below
you