Three Custom AT Indicators - Practice Test [Week 4]

We have completed the fourth and last trading week based on the non-standard AT indicators selected by us. The test itself was supposed to last five weeks, but due to the "generated" result, we are finishing it now.

The custom indicators included in the system are:

• Multi trend signal,
• CCI and CCI Divergence (in one window),
• 3D Oscillator.

The initial balance of our Live account on IC Markets it's 1000 USD. How did the fate of our account go?

Small steps but in the right direction

Last week brought the final verdict for our test. One position, which was in a big minus, caused stop out. Earlier we closed the blocking position, because the indicators announced the end of the move. Unfortunately, the margin of error always exists and here we were dealing with it. The movement in the opposite direction was strong and dynamic. Thus, there was no chance to save yourself.

Capital curve, real account. Source: MT4, IC Markets.

Account balance after the XNUMXth week of trading:

• 58 items - 53 profitable, 5 lossy,
• Total loss -998,23 USD,
• Maximum profit recorded + 200%, ultimately -100%.

End of test

Despite the unfortunate and premature end of the test, we cannot say unequivocally that the set of indicators does not work. Yes, they do generate a lot of signals and sometimes you really need to look for additional confirmation based on the technical analysis. However, in most cases, they create good trading conditions. Each of them can also be used as a supplement to the applied strategy. Out of all, the 3D Oscilator was the best - it generated the least misleading signals and worked best with the rest of the tools.

The reasons for the failure could also be found elsewhere, such as the current market situation in gold (record levels). It could also be blamed on a relatively small account deposit per volume or a lack of market diversification. Would a change of these elements be enough to make the system profitable, or would it only delay the inevitable? The test itself shows, however, that AT indicators should only be a signpost in the form of a "suggestion", rather than an independent compass, the direction of which we are to take always and at any cost.