This has to be among the top 5 questions I’ve received over the years. Continual improvement is the name of the game, but to improve, you first need an objective way to measure performance. So as a retail trader, is there a professional benchmark, against which… Not all entries are created equal. Can we identify higher probability entries, and apply larger position sizing to them? Here I’ll attempt to augment a GBPJPY trend following strategy with dynamic position sizing, and backtest its performance over 18 years. I… The Money Flow Index (MFI) is another momentum oscillator that MT4 provides by default. With a similar calculation as the RSI, can it offer the same level of performance? This post will cover: MFI calculations How to use the MFI Trend following using the MFI Tweaking… The Edge Ratio helps you compare entry signals by measuring the open profits and losses they generate. This post will cover: Maximum favourable excursion and maximum adverse excursion Edge Ratio calculations Quantifying entry profitability with the Edge Ratio Benefits… 
The Bollinger Bands squeeze is a common signal of an upcoming breakout. In this post, I’ll introduce the Bollinger Bands Width Ratio indicator, and use it to program a breakout strategy for the AUDJPY. You can download the complete strategy in the Free…
