LESSON : WHERE TO TAKE ENTRY AND PUT STOP LOSS ORDER FOR BUY & SELL SIGNALS

When you start trading with TSP FINDER PRO Indicator, you will get Buy & Sell signal trading opportunity. Whenever indicator alert you Buy or Sell signal, enter trade as shown in above image.

 Applicable for all Sell & Buy Signals generated by Tsp Finder Pro.

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Tsp Finder Pro Installation & Mt4 Chart Preparation Guide

 

1. Let's prepare your Meta Trader 4 platform chart first.

- Open MT4 and Download Maximum data of D1 time frame for all pairs.

2. Installation Tsp_Finder_Pro Indicator on your MT4 Trading Platform.

- Copy - paste :  < Tsp_Finder_Pro Indicator > File to // MT4 INDICATOR FOLDER

- Close MT4 & Open again...

3. Prepare your chart... For Signal.

- Open EURUSD chart, load < Tsp_Finder_Pro Indicator > File on chart. You will see the signal on your chart.

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How to Back-Test Tsp Finder Pro ? Right Way...

What is the meaning of backtesting? 

What Is Backtesting? Backtesting is the general method for seeing how well a strategy or model would have done ex-post. Backtesting assesses the viability of a trading strategy by discovering how it would play out using historical data.

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Very first load TSP FINDER PRO Indicator on EURUSD chart, & pick any latest signal, apply Buy-Sell trading method for that signal.

Now check price crossing or touched bottom of the arrow (For buy signal), top of the arrow (For sell signal), if not then this will be counted as a win trade and if yes then this will be counted as a loosing trade.

Check another signal and see what happened to that signal, win or loose ?

Keep doing it and note all the signal you backtest.

- Keep applying Buy-Sell trading method for all buy-sell signal for that pair.

- Load another pair and repeat the process...

Your primary job is to find, how many signal "hits stop loss", & how many wins. Count total wins & loss trade on notepad, to get final idea about the signal win rate.

RIGHT WAY TO BACK TEST TSP FINDER PRO INDICATOR IS TO

Back-test "Tsp Finder Pro signal" Month wise.

Example : Load Tsp Finder Pro on EUR USD pair.

- Now, apply buy-sell trading method, on all signals for the month of  JAN-2023 only.

- Write total win and loss trades for this month for Eur usd pair.

- Load new pair, and check JAN-2023 signals.

- Keep record for that month's signal, how many trades you lost and win !!

- Once you complete "JAN-2023" month, test on another month you like.

- Dare to test all pair you want to trade!!

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 Keep Chart Grid Lines OFF  : Click on chart anywhere and Press  <Ctrl + G>

How many trades is good for a backtest?

The bigger the sample is the smaller the margin of error, but usually a sample of 200 trades should be sufficient. If your trading system generates enough trades, then you should use 200 – 400 trades.

PRACTICE !! PRACTICE !! & PRACTICE !! TO MASTER THE TRADING SIGNALS.

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