I found this strategy while messing around with a YT strategy which was recently released.
I actually changed the settings and made a better version of it
this is my official entry for the contest.
it is profitable on almost all 28 pairs (with small spread).
but i'm sure it is possible to find a better set file. So let's find it guyz !!
Play with the settings : the SL/TP factor and the MACD parameters!
I didn't fit the parameters so I'm sure we can find better settings !!
If I win, i'll release a free version under EX4 format for everyone to enjoy.
The actual version won't work live (well it will work but with a 20 bars delay and there is no alerts lol)
so let's party !!
there is SL and TP, but how does the indicator know if the SL or the TP was hit first ? well because there is no way to tell with just the OHLC prices, the SL is
systematically hit first, then if the SL ins't hit in that bar, the exit is made through TP. That way it ensures that we don't artificially enhance the profits.
Of course real results can only be better from that.
edit : BTW it's on H1, didn't test on other TFs
crown the king, Tue Jul 27, 2021 5:43 pm