A lot of my ideas of late have been Forex based so time to show how one stock I followed performed for me in February.
The stock in question is Roku and I'm working the one hour time frame here.
Only two trades last month a long and short. Both trades were a 1:4 risk to reward ratio.
Once the trade has played out I simply wait for the next signal alert and go again if any present this month.
The purpose of this idea is to show the adaptability of our strategy on different instruments.
As with all my ideas back tested data can be found at the foot of this header.
Back test data is based on 10 contracts per trade with a £1000 starting capital. The back test data is from Jan 2019 to now.
Quick overview of the strategy in use.
The strategy is a trend based strategy.
The inner workings of the strategy are 5 individual strategies rolled into one . Trades are only valid when all 5 confluences line up.
At this point the trade presents on the chart. Alerts can be set and the the strategy can also be automated.
No excess time spent at the charts
Adaptable strategy to suit your trading style.
Works on any instrument and time frame.
Want too know more?
Sure drop me a message and feel free to ask any questions.