UJI EFEKTIVITAS METODE BREAKOUT SUPPORT RESISTANCE UNTUK PROBABILITAS PADA FOREIGN EXCHANGE MARKET (FOREX)

Tjitrayudha, Marcel
Kosasih

Manajemen : Jurnal Ekonomi
Vol. 6 No. 2 (2024): Manajemen : Jurnal Ekonomi (Special Issue)

This research investigates the effectiveness of the Breakout Sideways trading strategy within the Forex market, focusing particularly on the XAUUSD pair within the H1 timeframe throughout 2022. The main goal is to determine the strategy probability and assess the occurrences of Consecutive Losses and Profits. Utilizing backtesting as the primary research method, the strategy's performance is analyzed through historical data. Results reveal a 72.73% probability rate of achieving consistent outcomes aligned with the strategy, with 9 consecutive profit instances and 3 consecutive loss occurrences observed over the one-year testing duration. These findings suggest that the Breakout Sideways strategy holds promise for yielding stable profits over extended periods.