FX Overview
Rerversal IQ is primarily designed for cryptocurrency trading. However, with advancements in IQ technology, Reversal IQ is now versatile enough for other markets. Still, Reversal IQ will always prefer to trade cryptocurrencies!
Reversal IQ works, and you can prove it yourself.
Tip
For quick verification of Reversal IQ's performance, just take a look at the top-right table showing the profit factor.
All FX backtests will account for a realistic spread of the underlying pair. Additionally, a slippage of 2 ticks will be used for all FX backtests. All of this is done to best replicate realistic trading conditions!
Settings
Additionally, all FX backtest will use a starting balance of $1,000 USD and purchase 1 lot per order - no compounding!
Note
You have complete control over verifying the accuracy of Reversal IQ. You can change the commission value to the real commissions you pay, increase slippage, and more.
Tip
When looking at backtest data, the dollar-amount profit and dollar-amount drawdown are less important than other metrics, as the raw-dollar amount profit and raw-dollar amount drawdown are highly specific to the trader's balance. Instead, it's more important to evaluate percentage metrics and ratio metrics, such as the profit percentage, profit factor, and drawdown percentage - these metrics are relatively consistent across various balances. Additionally, risk-performance metrics such as the Sharpe Ratio are good indications of a strategy's viability.
Note
All of our backtests will show a green line. The green line is the performance of Reversal IQ. Some of our backtests will include a blue line. The blue line is the buy-and-hold performance of the asset. What's important here is that the green equity curve (Reversal IQ) outperforms the blue equity curve (asset). If it does, this means Reversal IQ is more profitable than simply buying the asset and holding it!