BACKTESTING THIS FREE FTMO STRATEGY | 12RR+ A MONTH | SMART MONEY CONCEPT
hola amigos welcome to fxfundingmate channels recently many members in the fbx lingman communities requested me to do a strategy like backtesting type of videos therefore in today's video i will do one month backtesting of my strategy on AUDJPY so make sure you like and subscribe to our youtube channel to support us in the future before doing the backtesting i will briefly go over three simple steps of my strategy step one identify market structure on 4H Timeframe the following time frame step two identify clear break of structure on the one hour time frame step three identify order block on the 15 minute time frame if you want to have a full understanding of this strategy i have already put the link of my free smart money course in the description below so make sure you check it out also i just opened a one-to-one mentorship because many members requested it the mentorship will help you hyperlearning this strategy in order to get a funded account faster if you are interested in it make sure you check the link in the description as well if not it's totally fine you can find a lot of free valuable content in this youtube channel all you need to do is put it in the work so now let's do the back testing on the australian yen from october 1st 2021 to november 1st 2021 so step one identify market structure on the 4H Time frame so the previous market structure was bullish because we got break of structure here break of structure here two higher highs so the previous market structure was bullish however as you can see here the market structure changed because we got too low to lower low with clear break of structure so now we can find a short position in this situation and after identifying the market structure we will move on to the one hour time frame to find clear break of structure okay so this is the 4H high and this is the four hour low okay so let's move on to one hour time frame so if you look at the one hour time frame we got a very strong like impulsive candle to the downside and also we got a clear break of structure by the body so for me this is a valid break of structure okay so after that like after that we move on to the 15 minute timeframe but we go down here to the 15 minute time frame to find the entry okay so only 15 minute time frame now what we need to do is to find the orderblock so if you watch my videos the previous videos i told you like a tip that in the sell situation you should find an order block that above the break of structure line so as you can see here we got like here's an order block here is an other block so what type of other blocks should you choose uh and i would give you a tip like this instead of focusing on what order blocks should you choose you should focusing on like what stop loss should you put okay so in this situation as you can see here like you got a very uh very good key level over here as you can see here and so if you put your stop loss above the key level here like the chance of hitting stop loss is like much more lower so in this situation i would use an order block here which is near key level okay so that is how i use so that is my tip for you as well so if you find an order block that is like near the key level choose that order block so i would put my sell limit on the order block and stop loss just like uh above it stop loss above the key level let's see and i aim for a risk reward of 1:4 in this situation and let's see oh so the trade just hit the limit make sure like after 1:3 after one two three you move your stop to break even okay so make sure you move your stop-loss to break even now so this is a risk-free trade okay so the trade hit take profit for one two four so you got four r now or four percent whatever you want to call and now like let's check the market structure and let's see what it's like so we move back to four hour time frame check the market structure so it's still quite bearish but let me see on the one hour time frame so we can find the entry but i don't but i don't really like the the wick rejection here so i would avoid uh aiming for short position in this situation oh yeah so it's not happened yet so let's see let's see more candles so as you can see i would avoid to enter this like short position because you can see like a very strong impulse candles push to the upside so also if you see only four hour time frame it created a very like big quick rejection here so i would avoid like getting into the short position in this situation so let's see so the market structure is kind of changing currently but if you want to like find a long position you need to have two higher highs so we need to have like a second break of structures well we have a first break of structure here already so we need to have second break of structure to form two higher highs so let's wait for a break of structure okay so we got a second break of structure now and i will shift my high here and my low here so i will move back to the one hour time frame to see if i can find entry oh what type of candle is this maybe it's a gap oh yeah maybe i should wait for more candles maybe i should wait for more candles okay let me see on the one-hour timeframe market structure so currently very interesting we got a break of structure here by the body as well very strong break up structure by the body and also like we got impulsive candle to the upside and i think that i will move on to the 15 minute time frame to find entry so like i said um like my tip just said to you like placing your stop-loss below the key levels here so and also i see like order block this as well so i think i would place a buy limit order in this situation here and stop loss just below the uh important zone over here so let's see i place buy limit orders below it and aim for risk reward up one two four let's see so this trade just hit SL and it's fine because like i i have a very high reward ratio so if my win rate is above like 40 percent i still profitable so so this trade hit stop loss let's see okay the market is quite interesting because as you can see here uh if you watch my video about the type entry like as you can see here like it just retested order block over here and then just push up like break of structures right over here and this is the type 3 of entry type 3 of entry so i think i would like enter on the buy position on the new order block which is right over here so i think i would enter the buy limit order at the order block as well and i aim for risk one one two three just in this uh situation because like um the market structure is not clear yet and also just get a stoploss so psychology yes like i want to get 3R of this position so let's see okay so the market push up after two percent make sure you move the stoploss to break even okay so i will move my oops i will move my stop-loss to break even now okay so the trade hit take profit for 3R in this situation and this is a very nice trade as well so let me check the market structure at the moment so the market structure at the moment is very impulsive like strong bullish like strong bullish like market structure and i think like i'm going to find a still find a buy in this situation and now move on to the one hour time frame identify clear break of structure on one hour of time frame so as you can see here like we got a very clear clear break of structure over here like a very small one but it's still breaking structures and then i move on to the 15 minute time frame to find the entry let me mark let me mark the one hour low here's a one 1H low i move to the 15 minute time frame to find the entry so at this situation i think i will let's see so we got another uh key levels over here so i would choose this order block like uh right over here below the break structure line so i would use this order block and i would use a key level as well so in this situation i would use a 50 entry for this situation to increase my risk reward ratio a stop loss would below the one hour one hour low in order to like increase chance of hitting my take profit and aim from one to four let's see oh this trade is still valid let me push up speed okay so nothing happened okay so this trade just hit my stoploss for one percent and it's fine because like i got one trade win like four percent one trade win here like three percent two trade loss is two percent so overall i got like five percent like on this one pair only already so imagine if you like do the backtesting if you trade on four pairs like this you will gain a lot of percentage trust me so this trade just hit the stoploss and it's fine so let me check the uh 4H structure oh well it's very like bullish to downside so i think like i don't think that i'm going to find a long in this situation as well so let's see this is 4H high i would avoid entering on the long situation on the long position here and wait for the market structure to show me okay so what a miss uh we missed a long position here but it's fine because as you can see here we got a very strong like impulsive candles to the downside and we are quite unsure about the market structure like the current like momentum the market so avoiding like entering on this trade is like better so we got a 4H structure here like bullish break of structure and we move on to the one hour time frame to find the entry so we got a clear break of structure as well and here is our one hour low and now we move on to the 15 minute time frame to find the entry and as you can see here identify order block on the 15 minute time frame now we will use the find the order block so this is so you find an order block that below the break structure line so if my situ in this situation this could be here a breaker block so let's see if it hit this type of entry or not okay so this uh okay so this order block which is good let's see aim for one two four uh i think our entry missed already let me check the flower yes our entry is missed already so i think i would delete the limit here and i will find entry here i will delete my limit and find another entry here so the market is currently bullish so we can still find a long position in this situation the market structure and also we have a very clear break of structure here on the one-hour timeframe so i think that we can good for like finding an order block on the 15 minute time frame now so on the 15 minute time frame we find an order block that below the break of structure line which is here i as you can see we got a very nice order block already here and then i would place my stop loss below these structure over here to like avoid getting stophunt by the bank and and for a risk reward of 1:4 let's see we can entering of this trade so we just hit it just hit the limit now and let's wait okay so it's almost hit our stoplot here so like i said like it's a tip for you guys okay make sure that instead of placing the stop loss below the order block remember to place the stop loss below the structures like we got the small key levels over here and as you can see like the market follow the structure and if you put the stop-loss below like key levels it will increase your chance of like win rate of take profit trust me so these are key levels so these trades will heat take profit maybe so this just hit take profit for four percent so we got three trades hit take profit two trades his stoploss the total gain now is like um four plus four eight so we got 9R gain in one part with one pair already so let's keep doing the practice thing so we can still find the the long situation so let me move on to the one hour time frame to find the okay so we got clear break of structure as well in this situation and now we can looking for a long in the 15 minute time frame i will choose my order block below which is here and it's also as you can see here we got a small like key level here so in this situation i would place a limit at the 50 percent of the other block because this other block is too big and i want my risk reward is high so i would play my limit at the 50 of the auto block stop launches below the key levels and then aim for one to four let's see okay so the market is leave us now without black getting into the trade so we will delete the limit uh order here and move on back to the 4H time frame to see the market structure so it's still very long bulish very strong like in like strong bullish market structures so let's see more whoa damn so there's still very strong uh bullish structures without like re-testing so we're just doing basically nothing like i said uh let the market show you what to do if the market does not retrace don't enter the trade okay okay it's kind of retracing but as you can see here it's not going to like retrace back to the uh to the other block here around here so no entry at the moment okay so maybe i will find long position in this situation so let's see only one hour time frame show us so um let me see uh this is quite clear break of structure here quite clear break up structure i think i will move on to the 15 minute timeframe to find the long position so in this situation uh we got a small like key levels here so i would use another block which of right around here and my stoplot is like i said below the key levels key levels okay stop losses below the key levels equal to one to four decision let's see okay so the market just hit our limit now let's see okay so the market now is at two percent so i think i will move my stop loss to break even now okay it's not, still ranging around okay so the trade just hit take profit for another four percent uh so this is uh 14 october already half of the month we already gained like 10 to 12 RR already so this is a very good strategy so make sure you check the full like strategy on my youtube channel okay so now uh the market is still very bullish so we can find like an entry okay so one hour time frame still very yeah the market is still very bullish still very bullish like strong impulse candles to the upside i think i will move back to the 15 minute now to get another entry on this type of position um so this is a one hour low i think i will get into the trade in this situation and use an order block that below the break of structure line for a buy so i would use an order block which is around here simple stuff right and i'll place a buy limit orders at the order block stoploss below the one-hour structure just to make sure that my trade don't hit stoploss aim for one to four let's see uh i think that we will miss the trade like 100% this situation so we would delete this limit here so very strong like bullish market structures here's our four hour high uh let's see wow very strong so we got a very big range of AUDJPY. Here is the 4H high here's 4H low so let's check the one hour market structure so if you can find an entry i think like the market now is went too far actually upside so i don't think that is a good idea to find an entry at the moment so we would like to avoid this type of market okay we got another break of structure here as well so i think that we can find a long in this situation like i said moving back to the one hour time frame finding breakup structures clear break structure body breakup structures with impossible to upside now we move on to the 15 minute time frame to find the autoblock you can see like that right it's very simple i'm just too tired of like repeating what i've said for 10 to 20 minutes now so it's kind of boring stop loss below if you find the key levels here this is a key level as well so if you want to avoid getting stop-loss put the stop-loss below key level because the stoploss is quite big i only aim for one two three okay here's the key levels so let's see if the trade hit our entry okay oh sorry i think that the trade is just miss us again okay here's a four high and this is four hour low so this this is too small for range and also i think that we missed like a buy order here already so i don't think i would enter on this trade okay so let me check the one-hour market structure not so impulsive so i would avoid getting in this trade okay so we got a break of structure now now we can you cannot looking for a long position anymore now we need what now what we need to do is once uh so first scenarios we wait for another break of structure to find along second scenario is we wait for another lower low to confirm that like the uh market structure is reversed and we can find a short position in this situation so let's see oh oh damn sorry about that so um we i think that we will find a trade here let me see when our structures yeah i think that we will find a trade here and it's what like getting stoploss so we will find a trade here and this trade with getting stop-loss like 100% because like as you can see here is follow all our like criterias two lower lows if you move back to the one hour time frame we have very strong break of structure you can go back to 15 minutes of frame you need to find auto block and this is a very strong key level as well so i will put my sell limit order here and unfortunately it will hit the stoploss for one percent so let's see now we need to do is uh it's another break structure again on the four hour time frame so oh now we need to do is we wait for another higher high another higher high to find the buy okay so as you can see here we got another high highể high over here but if you check the one hour time frame it's the is not a clear break up structure because the candle is not impulsive so you can avoid getting in this trade now we go back to the 4H timeframe to checking the structures so we need like two lower lows to get in to the short position so we got one lower low now let's see so we don't got like a second lower low yet so we just like avoid getting into the trade now this is the result of one month back testing as you can see here we can potentially gain 12R and if you risk one percent per trade, that is 12% a month and you can pass like ftmo challenge or any type of propfirm challenge with this strategy so this is the end of video if you have any question about this strategy make sure you comment in the section below and i will see you guys next time peace uh
2021-12-05 11:49
