Setup 3 (Lower)
Information:
All tests are done from January 16, 2023 - April 30, 2024. The reason the first two weeks of January are not included is because the first two weeks of January are always very volatile. You can run the tests yourself and see the result for yourself. Simply download the set file and run the backtest. Here you can also see all numbers necessary.
Pairs: Multiple
Timeframe: 4H (test other timeframes too)
Balance: €10.000 (adjust lot size based on your balance)
Download:
How to Install:
Open the bot on the chart by double clicking the hat next to 'Trirex Wave'.
Go to 'Inputs' -> 'File' -> Select the file.
If you want to run this on a Backtest, simply open the Tester in MT5 -> Go to 'Inputs' -> Select the file.
Backtest:
Tip:
This setup gives very low drawdown and lower profits overall. It is a nice setup to run on a bigger account. You can run multiple pairs alongside each other, but make sure to adjust the lot size accordingly. Here is what I suggest for a €10.000 account with lower risk:
1 pair = 0.10
2 pairs = 0.05 each
3 pairs = 0.03 each
4 pairs = 0.02 each
5 pairs = 0.02 each
6 pairs = 0.01 each
7 pairs = 0.01 each
8 pairs = 0.01 each
9 pairs = 0.01 each
10 pairs = 0.01 each
Running multiple currency pairs alongside each other will increase drawdown. This test is done on only one currency pair.
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