FX:GBPUSD   British Pound/U.S. Dollar
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please hit the like button is i am right
It looks like bat pattern. If you have backtested bats, then you must have your own ROE's. You don't need anybody to tell you if you're right or wrong. You will be always right if you don't break your ROE's. If you violate your ROEs, then you're wrong. What exatly should be the X to A leg? What is the precise ratio for B-point, pip to pip? What is the precise C-point? Where should D-point be? Will you enter at market or with limit orders? Where should be stops and targets placed? You will be given the answers to this questions if you do backtesting. Optimising the parametres you will find the most comfortable ROEs which will suite you best. these ROEs will be your own and nobody else's. Do your bat's ROEs coinside with those which are comonly accepted or do they not? Why do you need to know it? Your own specific ROEs showed a steadily rising account curve during backtesting. You don't need to know how others define bats, what ROEs they have.
I repeat that you will be always right if you obey your rules and you will be wrong if you break them. Only these two options are available. You don't need anybody to tell if you're right or wrong/
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