The AMD Strategy Is Actually Profitable?? — Transcript

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1. 0:00Whew! Accumulation, manipulation, FEG,
2. 0:03distribution, accumula-
3. 0:04>> Okay, we get it. Now, look, I built an
4. 0:06indicator for this. We go to
5. 0:08luxalgo.com/library,
6. 0:09just type in AMD, yes, like the stock.
7. 0:12This one we built in a video. You can
8. 0:14pick FEGs or IFEGs, and you can see them
9. 0:18directly on your chart. Now, the best
10. 0:20part though about Lux Algo Quant is I
11. 0:23can bring this indicator right into
12. 0:26Quant right from the library. The first
13. 0:29thing I can do, if I wanted to backtest
14. 0:31this strategy, is go right here and say
15. 0:33backtest this strategy.
16. 0:36>> No, it wasn't supposed to be profitable.
17. 0:40Crap.
18. 0:41>> Hold on, we got to check it on
19. 0:42TradingView. I'm going to copy the code.
20. 0:43We're going to go over to TradingView
21. 0:44and test it, add it to our chart.
22. 0:47You're kidding.
23. 0:49>> [laughter]
24. 0:50>> 6K P&L, 1,400 drawdown, 57.58%.
25. 0:56Entry trigger, FEGs.
26. 0:58>> Oh my gosh.
27. 0:59>> It was performing fantastic just
28. 1:01recently, but this is just with default
29. 1:03settings. We haven't even optimized it.
30. 1:05After going through more settings for
31. 1:06the FEG based entry, we got it to a 3.9
32. 1:09profit factor, 75% win rate, 3K
33. 1:12drawdown, 11K net profit in the last 90
34. 1:15days. But I discovered something even
35. 1:16better. IFEGs are way more profitable
36. 1:19and on the 1-minute chart. As you can
37. 1:20see here, 25K total profit, 5K max
38. 1:24drawdown, 70%, 2.2 profit factor. But if
39. 1:28you want to mess around with the
40. 1:29settings of this strategy yourself, here
41. 1:31are the settings that I used, really
42. 1:32tight range of the 1.5. And this entire
43. 1:35strategy script with the Lux Algo Quant
44. 1:37link for backtesting, I will send to you
45. 1:40completely free. Just comment test and
46. 1:42I'll send you a link.