How to Use DOJI Candlestick Patterns for Trend Following in Forex Trading

[@GhanYt]

After a horrendous 2022, shell-stunned financial backers have misfortunes to recover and a lot to consider, as an expansion report and a pile of different information did close to nothing to change assumptions that the Central bank would probably keep climbing interest rates regardless of whether the economy dials back, And that implies more red ink for portfolios for the principal quarter of year 2023. How might I benefit from the ongoing unstable market, I'm currently at a junction choosing if to exchange my $250k security/stock portfolio

[@bahijarhafiri]

Actually, ever since Coronavirus, I've been in regular communication with financial examiners. Nowadays, buying moving stocks is very easy; the key is knowing when to buy and sell. The section and leave orders for my portfolio are issued by my attorney. more than $550,000 was accumulated from an initial stagnating savings of $150,000...

[@bahijarhafiri]

She is ROCH DUNGCA-SCHREIBER , my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.......

[@wayneflint8077]

327 views in 6 hrs with 33 likes. Thats got to be a record. Ppl must luv doji's. Well done.

[@FullFinnoy]

Great video! It's always interesting to see different strategies being tested and compared. Have you tried this strategy on other markets besides Forex? How did it perform?

[@jacopotrono]

Great content as always Jarrod. I think could be very interesting a video about reversing rules in strategies that have "nice and smooth" negative equities.

[@anischab]

Thanks!

[@donsey3879]

Wow, you are a legend. Can multicharts backtest from / off trendlines ?

[@tamaracastleicawfitness313]

Not the Yankee Candlestick that I expected but as always Jarrod, excellent strategies and great charts. 👍 Really finding my trading style now thanks to your videos. ☺️

[@TheTransparentTrader]

😂

[@binhsir]

Hi, Jarrod. Why not test other intraday time frames? I noticed that Oxford's website doesn't indicate a time frame of strategies. Or Doji pattern strategy is only suitable for daily or 1440minutes time frame?

[@Beltrán02-I]

The lower you go with the timeframe the less robust it will be. Also, you will have to overcome more commission costs, so it makes it even harder

[@reinerheiner1148]

I don't think that the backtesting is sufficient. here is why: you test practially all available data, and therefore you search for a best fit for all currently known data. But, markets vary, and therefore a future market may not resemble a past market. So you should split your testing up, to see if past performance is roughly equal to more recent performance. kinda like in machine learning, where you have a train and a validation test set. if performance on the past is better than on recent data, its just overfitting. secondly net profit could just be a random flucuation. you'd be better of taking samples of all available trades, compute net profit of those, do it again and again, and see how the net profit fluctuates. the more it fluctuates, the worse the performance. Sure you can look at the equity curve, but a) it is subjective to a degree, b) could a random system have an equally impressive equity curve just by chance and c) using statistical methods you can automate this, have an objective measure, and do not need to look at equity curves. Historical price data can be very biased. which means that, if we do not try to take measures to reduce the influence of said bias, could make a system look way better than it actually is. But this bias tends to change over time, which would show in a trading system performing well on historical data, but not on live data. And lastly, you should always compare a system with a random system on the same data. if it is similar, or not outperforms the random system with a p

[@TheTransparentTrader]

Thanks for your input and I do agree with what you have said. This video is just a quick basic preliminary test. I use the data and test in different ways when building a specific trading strategy though.