#forex back testing

hey everyone Lorraine Pierce here with five star forex systems com and this is a ZX + system and this is just a quick video to tell you about that testing um if you have a backtest of your strategy then you're just guessing that its profitable and in my group i posted i made a post talking about back testing exactly how you do it um and so let me show you real quick what you would do properties i right clicked this is normally checked unchecked chart auto scroll all right clear your chart and then scroll back okay so that you can't see all your under hitters and stuff i'm doing a three-month back test from August September in October for several pairs with the easy access strategy so once you get back to say the beginning august then you want to load your your template for your system right and then you can start you know back testing unfortunately there's no automated program that i know of that will do this you know because it's based on your entry and your exit strategy also so everybody's going to be different but for this is X plus system what I'm doing is entering after a semaphore Sun a major some for Sam these are called failed sons I don't trade off those I just trade off the major level three sons so what I've done is is just track you know the one trade i would take after the summer form which would be right here I'd enter on this green arrow and then exit up here right now I have also activated trailing gate or EA and it's an automatic trailing stop oh so you don't have to set it every time and it'll really increase your profits because it's going to follow your profits and then do a trailing of whatever you have said it I have it set for 15 pips but and this is what I'm doing I'm tracking it on a Google sheets and you know my entries are enter after the semaphore and on the candle with the arrow in the correct direction exit by the trailing Gator which is 15 phipps from the highest profit or a 20 pip stop loss max so if the trade just starts going against me the minute I enter it's gonna you know I have a 25 stop loss set alright so as you can see with the euro cad you know i've gone from august through october and track the results three losses the rest of wins I didn't total the pips but as you can see it's a lot of tips and that's just one currency pair now I'm working on the great british pound USD same thing and if you have a back tested your strategy then you're just guessing you don't know if it's going to work or not so this is something i've read about recently i'm determined to be a pro trader I don't call myself a pro yet because I'm not making a living doing this but I'm determined to be one I'm patient I've studied I've practiced for over a year and you're not going to be professional anything unless you practice and study all right you don't become a heart surgeon overnight and you're not gonna become a pro forex trader overnight either but another thing i want to show you is if you have a sim for sun like this and then entering and they go sideways and say trailing Gator take your profits you close the trade you could always enter again when you have another arrow you know in the right direction obviously I'm not going to do it by here and a downtrend that'd be stupid all right I gotta use your brain the last signal was a cell son so I'm in a bit this is a bearish market until I see a semaphore bye son okay so these are all bearish trades you can sell here you can so here you can self here and if you took these cells uh if you didn't use the trail and Gator to say you just trade some afford to simmer for you trade it 74 274 you woulda made 200 208 pics okay and so as you can see the trend change we get a nice green semaphore and then this is where i would take my next trade right here and it went flat it probably wouldn't close me out here the trailer gator it would have kept going and all the way up to here and then probably what a close it out right here that's another 189 pips and all I had to do was place this order right here that's it these arrows show up when all these trends po line blue candle blue slow moving average blue fast moving average blue trend all right i had this program especially to do that that I would get good entries and so that you would get good on trace all right because that's high ninety percent of forex is picking the right time to enter the market and the right time the exit of course is important too in the trailing stop really helps because you know prior to adding a trailing stop I would have probably got out when it started going flat here you know but with the trailing stop automatically on there I don't have to do that I can just let it ride and catch a whole lot more tips so anyway i hope this helps you guys some you know as you can see like on this one you could get back in here if you did get out if you get back in here skip that skip that skip that get back in here on why would you skip this because the last semaphore was a by ok this is super simple guys so try not to complicate it the system is only 50 bucks one-time integers you get email alerts when these arrows show up you can email alerts when his son show up how simple can it be alright and i have a group 20 pips a day on facebook it's 20 pips a day the links in the description down here join our group there's other people using the system and let's all make some pips in 2016 talk to you later bye