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I made a trading indicator and it actually WORKS after testing 100 TIMES - Beep Boop Strategy

I trading indicator I created in the last AI trades video actually works after tested 100 Times. Beep Boop Trading Strategy for Forex and Stock Market
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I made a trading indicator and it actually works after testing 100 times. In the last video I taught my computer to trade on its own, and in that video, we created an indicator called the beep boop indicator, I know. If you haven't watched that video, consider watching it before this video, because in that video, Bill the computer actually made a profit with the beep boop indicator. Since, bill the computer made money with the beep boop indicator, can we make money with it as well? Well, why don't we find out after we test it 100 times! I mean imagine if it works and gets popular and people start writing articles about it.

Since the last video, I have improved the beep boop indicator even more. This is how the beep boop indicator looks like on TradingView. It is based on the MACD indicator and comes with green and red bars. When a green bar appears on the beep boop indicator, it indicates a buying pressure. When a red bar appears on the beep boop indicator, it indicates a selling pressure. Furthermore, the beep boop indicator uses a 50 period exponential moving average to calculate its values. If you watched the previous video, you probably noticed that this beep boop indicator looks a little bit different. In the last video, the buy entry signal was when two green bars appeared in a row, and the sell entry signal was when two red bars appeared in a row. Exit signal was when two opposite bars appeared in a row. Furthermore, the red and green bars only appeared in a short term uptrend. In other words, if the price was above the 50 period moving average.

The new version of the beep boop indicator is better, because it gives buy and sell signals at the same time. In the new version, the long entry signal is when the first green bar appears, and the sell signal is when the first red bar appears. Furthermore, an exit signal is when the white bar appears for the first time. Also in the new version of the beep boop, price doesn't always have to be above or below the 50 period moving average, you can change it anytime you want.

Since we have tested other trading strategies 100 times with a fixed reward to risk ratio, I have tested this strategy with a fixed reward to risk ratio as well. Furthermore, I used the 200 period exponential moving average to find the long term trend direction.

So here's how the complete beep boop trading strategy goes. If the beep boop indicator gives a green bar, and if the price is above the 200 moving average, the long entry signal is at the first green bar. Stoploss goes below the pullback.
Similarly, If the beep boop indicator gives a red bar, and if price is below the 200 period moving average, the short entry signal is at the first red bar. Stoploss goes above the pullback.

So I tested the beep boop indicator 100 times, here's what happened.

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10 ноября 2020 г. 22:07:40
00:08:20
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