πResults and discussion
The model's performance is evaluated based on the profits generated by the model. Take Profit/Stop Loss (TP/SL) levels are also determined based on trading philosophy, which is a common practice among traders. The Stop Loss is set at the average move in the opposite direction as a percentage of our executed trade. The Stop Loss represents the lowest point within the day to open when the model suggests a buy trade, and the highest point within the day to open when a sell trade is proposed. The Stop Loss is used to protect capital from any worst-case scenarios that the model may not anticipate.
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