new_trader
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While giving birth to a 1min set-up strategy on the Spanish Ibex index, I have noticed that a very simple moving average system would work quite well on it, but not sure if it would be a success on anything else. I reset the chart to 5 mins and noticed that using a 50MA you could go long or short as the MA line goes above or below the price, and capture 15-20 pips a day. At first glance it looks good, although it may be unique to the Ibex as it is a volatile index.
I hope you don't mind me asking, but how far back do you test your strategies? Do you have statistics like win/loss ratio's, drawdowns and consecutive losses etc? Do you forward test them to ensure they are valid?