U couldn't have backtested it the way I described the strategy. In fact u can't even understand the strategy I described. Read the quote below.
Yes, after today has already traded above yesterday HOD, it is 100% guaranteed that today traded above yesterday HOD. AFTER that fact is 100% guaranteed, THEN buy a deep pullback down ...to the open ...on a day when it's confirmed today ALREADY broke out above yesterday HOD. It's a testament to the worthlessness of this site that users such as yourself are posting to this section of the forum....and can't see the validity of that or suspect it involves trickery. No it's not guaranteed today will return and break out above yesterday HOD a SECOND time. But it is confirmed u can't see the value in requiring your crystal ball components be 100 % correct in the predictions which they do predict....with 100% accuracy. and it's mind numbing u can't see the validity of buying the open, on a day that's guaranteed ALREADY broke out above yesterday HOD. ...and simply pulled back a bit to allow those smart enough to recognize the ultimate buy the dip setup, to get in at the open.
Sure it's 100% guaranteed. But I want to make money forward. Not call a break that has already occured. Yes I said it. Buying at the open, After the break (event), Gives 2/3 chance of ending in the money. Aka, Settlement > Open. No it's not guaranteed. Often it even breaks the low. Otherwise I wouldn't ask for backtest. I don't understand the following. Sorry. I see the validity. As I said earlier 2/3 vs 1/2 chance of ending in the money. Plus more points if bullish. A looser SL ... But from Daily HOLC ... Can't tell. Sometimes it doesn't pullback, Especially that far. So for the backtesting I buy the break out. I said I'll add my touch !!!! Read !!!! If buying the break is Okay, Buying the open (Aka LOWER) Can't Be Worse !
Well, maybe for you it's not clear that, To buy a break out. We need a 100% Guaranteed break out. Not 99.9% break out. Even if I don't know what that means. I am not going to buy a break out that has not occured. And yes I agree that to buy the low After the 100% guaranteed break out Is a wonderful idea. And to sell the high ?! Groou. I am all excited. It's AMAZING ideas !
Lol. I'll believe simulations, And my experience only. Trading doesn't work, It's commonly known and proven fact. Why are you wasting my time ? As well as yours ?