So i started paper trading the HADelta indicator using default settings, I simply took every single signal line cross on the Daily charts and let it run until an opposite signal appeared (I guess I like simple), thus, being in the market 100% of the time.josi wrote: ↑Tue Jan 26, 2021 6:23 pmThanks for your answer & suggestions. The only reason I changed it is the earlier signal (and it's hard to see real drawdowns).DrNefario wrote: ↑Tue Jan 26, 2021 6:44 amI think I liked more the settings you used on your other screenshot for the slower HAdelta... 20,12 instead of 16,16. It has pretty much the same Zero level crosses as the relative strength rank with 20,40 settings, albeit just a little faster.
Eitherway, you're not forced to use the signal line, we could just change the color to "none".
If you look at GE30 H1 (or UK100) this morning when could you have entered the upward move that finished the W-formation.
Nevertheless, I will look into it over the weekend. Hope to hear more from you.
Did this for EURUSD for 2019 and 2020+2021.
The following are just rough numbers but they could easily be checked within your own MT4 charts with the indicator.
For 2019 (not considering spread):
-52 trades, out of which 29 were positive and 23 were losing trade.
-The 29 winning trades resulted in 1.864 pips (average winning trade of 64 pips).
-The 23 losing trades resultas in a loss of 966 pips (average losing trade of 42 pips).
-Net positive of 898 pips.
For 2020+2021 (also no spread consideration):
-54 trades, out of which 30 were positive and 24 were losing trade.
-The 30 winning trades resulted in 3.430 pips (average winning trade of 114 pips).
-The 24 losing trades resultas in a loss of 1.250 pips (average losing trade of 52 pips).
-Net positive of 2.180 pips.
It'd be nice to have an EA to more easily test longer periods of time.