How to Create a Trading Algorithm 01

This is the first part in this series where I show you how to backtest and improve a Day Trading Strategy. It is a strategy which can also be automated using Multicharts, Metatrader, Mt4, Tradestation, Tradingview etc.

Here's a FREE VIDEO PROGRAMME showing you how to finally make CONSISTENT PROFITS. I include 2 FREE DOWNLOADS showing proven winning trading strategies. If you're not making as much money trading as you would like, then try my way:

DISCLAIMER:

I am not a financial advisor and I am not offering you financial advice. I am not regulated in any way. The purpose of the content I provide is for educational purposes only.

Any information you receive is based on my own knowledge and experience in the financial markets and how you act on the information provided is your own responsibility.

I cannot be held responsible for any losses you may incur as a result of ideas taken from my content provided.

[TheTransparentTrader]

I hope you find this video useful guys.. Please like and subscribe. Let me know in the comments how you test your trading strategies.

[Xkea]

this is really helpful, i never had a proper strategy when it came to trading, but i wanted to make trading a little more passive and learn a bit of coding so this is really helpful for me thanks.

[inLOVEwithPK]

Hello Jarrod! I have been going over some of your old videos, and I've come across a period where you talked a lot about time window entry strategies.
May I ask if you still employ such strategies and do they still work years later? The concept itself always sounded a bit over-fitted to me, but hey, if it works in out of sample data, then it works!

[teebone]

good vid. I am working on a momentum strategy for myself at the moment.

[elliotnyberg]

My algorithm works off the 15 minute charts, i dont think the noise, as in high lows are crucial DEPENDING on what algoritm you build.

[olijj]

love the chanell, hate thoses bars damn hahhaa

[MrKola]

Hi Jarrod, You do seem very keen on trading at a specific time gap. It is difficult to relate to your strategy as most brokers are GMT +2 or +3 (Day starts at 0:00), but looking at rough comparison you look for a trade after the first 4 hrs. I have seen others use a similar seemingly profitable strategy, but they use the breakout as a false move..Different strategy I guess. But what I am curious about is why you use the EOD exit? the spreads are larger with less liquidity, so is there another reason? Does the strategy tester account for such things as increased EOD spread and slippage? Just something else to consider, what about the time-zone DST? So, by trading the 9-10 hr gap in summer time, is it still the same gap in winter time? or when different nations switch over to their DST settings? Looking forward to following your development and examples, from experience I do suspect this is a non-profitable strategy (so far with SL 150 pips and no set TP targets or methods) for 2019.

[wowarlor]

10 means UTC-4 10am? or London UTC-0 10?

[oliverbosshard]

Hi Jarrod, may I ask you why you trade Forex and not Futures (like Andrea Unger)?

[johnnybgud]

Hi Jarrod, you mentioned most Sessions started at 17.00 NY time on Forex, however the forex is a weekly 24 hour market so can you clarify please what you mean

[iameladlevi]

Good.
Where is out of sample testing results?

[fdsafsgrgsdg]

14k views but only 19 comments? Suspicious...🤔

[cryptinu]

What is the 1.5 stop loss? How many pips is that plz?

[alatusal]

Hi Jarrod, I love this, totally stress free . Must learn to code !

I tried to down load your book but with no success !
Can you Help? Thanks Paul