Hi - this relates to trades on Forex but relates to trading in general
I am testing some pinescript code to trade in lots and risking 1% per trade
On my strategy testing code I noticed shorts doing better than longs
So did a short only test and on EURUSD got a 61% win rate and on AUDUSD got 65% win rate however I got less than 2%.
Is it my code thats the issue or what could cause this.I have taking 137 trades and According to winrate.ie I should be at 33% profit
Do you mean you first manually analysed the market to know that the Sell mode is more profitable? Then that means your strategy will be inconsistent. You should have tested it on both sides or better still leave the strategy to decide on whether to buy or sell rather than forcing a single-direction strategy on it.
This might also be the issue you are trying to figure out because the strategy is no longer flexible but homogenously forced to take short positions alone.