Training Course
Click HERE to download a copy of the presentation.
IQ Gauge color settings:
- Green: Average Profit Factor >= 1.30
- Light Green: Average Profit Factor >=1.15 and <=1.29
- Yellow: Average Profit Factor >=1.00 and <=1.14
- Orange: Average Profit Factor >=.85 and <=.99
- Red: Average Profit Factor <=.84
IQ Stoplight Colors:
- Green: Profit Factor >=1.15
- Yellow: Profit Factor >=1.00 and <=1.14
- Red: Profit Factor <=.99
Testing Assumptions
| Test Window | A minimum of 7 years building to a rolling 10 years from current date; updates daily. |
|
Entry Time |
Whenever price first tested the Range Level (+/- 1 tick) after completion of the time range following the market session open up until 30 minutes prior to the close of the regular session. |
| Exit | Trade was closed at the price equal to the selected target from entry -OR- at the price equal to the selected stop size (% of ATR) -OR- at the end of the regular session for the instrument (pit session for Futures) - WHICHEVER occurred first on the date of the historical trade. |
| Stop | Selectable based on user preference. X% ATR is a percent of the 5 day ATR. |
| Target | Selectable based on user preference. X% ATR is a percent of the 5 day ATR. |
| Commissions | Not included - varies by individual, account, brokerage, and exchange. |
| Slippage | Not included - varies by instrument, liquidity, execution technique, and brokerage. |