This is a trend trading strategy designed mainly for forex made of two big components:
First we have the currency meter, which is made of taking TSI of different INDEXes such as EUR, USD, GBP, JPY, NZD, AUD , CHF and CAD.
Once we establish which one is the weakest and most powerful, we pair them together and we go on that chart.
Lastly we check with the EMA 200...
Double Bollinger Strategy. Price crosses inner BB (with increasing outer BB) long is placed. Long is closed when price closes below outer BB. Reversed for short. The numbers are tuned for NZDUSD 15min chart.
Pbin = percent on inner BB
Pbout = percent on outer BB
There are all kinds of other inputs, trailing stop, limit, etc.
Errors, questions, suggestions are...
This is a light weight code and strategy. I tuned it for NZDUSD on a 15 min chart. NZDUSD is a slow moving low volatility pair. A single SMA cross over + crossing a .9 BB + the single SMA is increasing. I will be manually trading this with alerts and once I have LUA down I will set it free with FXCM and see what it can do on it own.
** I use BB as a means of...
Found an error in the orders. Script was making double orders at times. I fixed it. It is tuned as such:
NZDUSD
15 min chart
starting $USD to show 1000 contracts for minicontract with FXCM (start date 3-18 $633 with 1:50 leverage)
Indicator plots ==> Starting equity - (trade gain and loses) - (number of trades) * (spread) = true balance estimate
A simple study that shows the majors against the USD Rate of Change.
Allows you to pick opposing strength pairs to trade.
There are different ROC calculations for people to play with as I am not sure which way the ( ) should be so feedback is welcome.
EURUSD
This is a simple strategy to use for those who like Renko bars. I ONLY use it on Renko.
Basic idea is that when the Renko bar closes above or below the 22 EMA, you go long or short.
However, some of the frustrations I've had with any strategy shared in Tradingview is so few folks put in the ability to set a stop or a profit target or the ability to set...
2nd patch
Found an error in the orders. Script was making double orders at times. I fixed it. It is tuned as such:
NZDUSD
15 min chart
starting $USD to show 1000 contracts for minicontract with FXCM (start date 3-18 $633 ** see note)
Indicator plots Starting equity-trade gain and loses-number of trades time spread = net money
** with 1:50 leverage it requires...
This strategy is based on my Indicator Integrator. The code sums the distances from the close of the price to an SMA (200 in example) with a summation period of the last 29 bars. I tuned this to NZDUSD 15min chart using 200SMA and 29 period sum. If I am reading strat tester correctly this hits a 39% gain since Mar-13 or 104 days. It has the ability to set stops...
