Here is a combination of the classic MACD (moving average convergence divergence indicator) with the classic slow moving average SMA with period 200 together as a strategy.
This strategy goes long if the MACD histogram and the MACD momentum are both above zero and the fast MACD moving average is above the slow MACD moving average. As additional long filter the...
This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs).
The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal.
Backtest period = 09/17/1916 - 11/02/2015
Dow = 98 --> 17,830 = +18,094% = 5.38% CAGR
Algorithm = net...
Included adaptive lot size based on ATR, and also ATR based stop and take profit levels.
Risk/reward increased to 1:2 and should work in all ranging FX pairs as long as they are not trending.
Once the market starts trending it'll eat this bot alive.
Cheers,
Ivan Labrie
Time at Mode FX
Here's the last version...quick hack job.
I'm sure it can be improved, but this is a rough sketch, code wise.
The strategy works in range bound enviroments, so cointegrated pairs like AUDCAD will shine with it.
Cheers,
Ivan Labrie
Time at Mode FX
Still working on fixing the code 100%.
Will update with a new version soon.
This one's fine tuned for gold (tp and sl size, and contract size for a 100k account)
Cheers,
Ivan Labrie
Time at Mode FX
Just a test...I'm not sure this will work 100%. I think the backtest is flawed (the exit parameters look suspicious)
Anyway, the strategy does make sense, maybe in live trading it'll toss good signals.
Can we apply it to our demo account here? (trading panl) Anyone?
