it uses RSI and CCI in very a simple trading system.
You can select RSI, CCI or the confluence of both.
also two different exits : first indicator (whichever one comes first), or both indicators in conjonction
here are some results (default settings) :
- pair : GBPUSD
RSI : 69.03%
CCI : 67.34%
Confluence (first exit) : 68.80%
Confluence (both exits) : 69.24%
- pair : USDJPY
RSI : 66.81%
CCI : 65.40%
Confluence (first exit) : 65.80%
Confluence (both exits) : 65.38%
- pair : AUDCAD
RSI : 68.57%
CCI : 69.64%
Confluence (first exit) : 67.16%
Confluence (both exits) : 68.14%
- pair : CADCHF
RSI : 71.37%
CCI : 69.05%
Confluence (first exit) : 68.57%
Confluence (both exits) : 71.24%
- pair : EURAUD
RSI : 65.11%
CCI : 67.58%
Confluence (first exit) : 64.00%
Confluence (both exits) : 65.49%
so overall we see that win rate isn't really improved and that if we opt for confluence then it's best to wait for both strategies to have outputed exit signals before exiting.
it seems to be closer to a mean between both systems than a clear improvement, even if sometimes the win rate is higher than both
Jeff