This strategy is based on volumes and Bill Williams indicators. The idea is simple: - if price has enough boost then follow the trend - if the boost is slowing down then bet on trend reversal
Results are very good: look at maximum drawdown and percent profitable.
If you are intested on this strategy, I devoleped also the study with alarms.
Hey Backtest Results looks amazing is this strategy repainting?
Jack_Bach
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Thank you
FXPorcoRosso
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First forward test closed with a large loss, came back to it later and the losing trade was gone in the back tester to be replaced with a profitable trade.
Seems it must be heavily repainting and the back test result are therefore unreliable at best.
Probably would show up if the bar magnifier could be turned on but no way to do that without the source.
Also the strategy is tagged with "Williams %R" - that's Larry Williams not Bill Williams.
Eric1881
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Sir, it's wonderful
how could I use your indicator?
rajupathak0000
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How can i put alert on every currency pair?
yamato_yamamoto
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can i see this script code ?
03.freeman
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@yamato_yamamoto, actually the script code is protected.
You can use it but cannot access to code.
03.freeman
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NOTE: as I said in description, this startegy uses volumes, so it cannot be used with forex.com data because they do not provide volume data to tradingview