TD Lines on 1h Gold
Looks like trading XAUUSD with a very basic Trendline-Breaking approach can be very profitable.
In this example I used TD Points Level 1 to generate Trendlines on a 1H chart - a lot of signals will be generated with this settings.
TP/ SL will be calculated based on a R:R of 1:2 according to Tom DeMarks approach. No Trailing Stops, no RSI filter.
Due to the high number of Signals, I needed to limit the backtest to only test the years 2017 and 2018.
40% profit, 5% Drawdown.
In this example I used TD Points Level 1 to generate Trendlines on a 1H chart - a lot of signals will be generated with this settings.
TP/ SL will be calculated based on a R:R of 1:2 according to Tom DeMarks approach. No Trailing Stops, no RSI filter.
Due to the high number of Signals, I needed to limit the backtest to only test the years 2017 and 2018.
40% profit, 5% Drawdown.
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