Profitable Strategy | Magic 100 System | Forex Factory | Tested 100 Times

Website: https://traderslanding.net
I test the popular Magic 100 System featured on ForexFactory 100 times in a row. This system only requires one indicator and is somewhat subjective.

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Trader’s Landing is a trading system review and education channel. By testing indicator-based trading strategies we are able to learn and understand a system’s performance by using a repeatable and clearly defined trading criteria that has a predictable performance through a series of many setups. These trading systems can be ported over to many instruments such as Forex (FX), Cryptocurrency (Crypto), Options, Stocks, or anything that has a chart and a significant amount of volume and market participants.

If you are looking for trading systems to test out on your own here is a playlist of systems that I like: https://bit.ly/SystemsILike
WARNING: Be sure to do exhaustive backtesting and forward testing before you actually start trading real funds. For your convenience below is a link to the official Trader’s Landing backtesting spreadsheet and tutorial video.

🔍 Link to my Testing Performance Spreadsheet: https://traderslanding.net/results/
📘 Link to my free backtesting spreadsheet: https://traderslanding.net/2021/08/15/26/
📊 Link to all indicators tested on the channel: https://traderslanding.net/indicators/
🏠 System Web page: https://traderslanding.net/2021/06/23/5/

See a trading system you would like tested on this channel? Be sure to let me know, including links where you found it, and any other pertinent information. In many ways you are the eyes and ears of this channel.

Here is a link to the system thread on ForexFactory: https://www.forexfactory.com/thread/989445-magic-100

Link to system: https://www.babypips.com/learn/forex/the_so_easy-its-ridiculous-system

Indicators
100 EMA

Long Entry
Price above the 100 EMA
Buy-Stop on the close of the last bear candle of the pullback.

Short Entry
Price below the 100 EMA
Sell-Stop on the close of the last bullish candle of the pullback.

R:R
2:1

Where to set Stop
Below/Above the Pullback

Timestamps:
00:00 - ForexFactory - Magic 100 System Tested 100 Times
00:48 - Indicators, Rules & Examples
03:07 - Test
03:27 - Testing Results

Indicators I tested on this channel so far:
ATR Bands, Donchian Channels (DC), Double Exponential Moving Average (DEMA), Dynamic Structure Indicator, Exponential Moving Average (EMA), Heikin-Ashi Candles, Ichimoku Cloud, Money Flow Index (MFI), Interstellar Buy/Sell, Interstellar Trend, Multi Timeframe EMA, QQE (Qualitative Quantitative Estimation) Mod, Relative Strength Index (RSI), SSL Channel, SSL Hybrid, Stochastic (STOCH), Stochastic RSI, SuperTrend STRATEGY, Time Segmented Volume (TSV), VuManChu Swing Free, Waddah Attar Explosion V2, Weighted Average Price (VWAP), Williams %R

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Disclaimer
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.