Get started

Strategytesting

** EURJPY ** trade currently in drawdown lets see how plays out.Hi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Short
by AL-1-
** EURCHF ** currently on fire, a nice winning run of trades.Hi all, hope you all had a great weekend and ready for a fresh week on the charts. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Long
by AL-1-
** USDCAD ** a look this weeks trades for UC.Hi all, hope you've all had a good weeks trading, really happy with this weeks trades, have a good weekend everyone. Evening all, gold trade currently open, The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Short
by AL-1-
** GBPAUD ** nice trades for GBPAUD this week 19th to 23rd ApriHi all, hope you've all had a good weeks trading, really happy with this weeks trades, have a good weekend everyone. Evening all, gold trade currently open, The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Short
by AL-1-
** EURJPY ** a nice week on the charts for EJ 🏆🙂Hi all, hope you've all had a good weeks trading, really happy with this weeks trades, have a good weekend everyone. Evening all, gold trade currently open, The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Long
by AL-1-
1
** GBPCAD ** trade currently in DD, lets see how plays out.Evening all, its been a busy week of forward testing the strategy. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Long
by AL-1-
** GBPUSD ** GU waiting to decide which direction its heading.Morning all, update on last trades for EJ The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Long
by AL-1-
1
** EURGBP ** short trade currently openEvening all, some great results from this weeks forward testing of the strategy. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Short
by AL-1-
** EUR USD ** did someone say 6 out 6 ........🏆🏆🏆 🏆🏆🏆Evening all, its been another great day forward testing the strategy, take a look at the chart for EU. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Long
by AL-1-
1
** EURJPY ** 2 of 2 for EJ, both with super entry points 🏆Morning all, update on last trades for EJ The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Short
by AL-1-
** XAUUSD ** gold trade currently in DD lets see how plays out..Good evening, an update for you all on today trades. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
OANDA:XAUUSDShort
by AL-1-
** AUDUSD ** long trade currently open Good evening, an update for you all on today trades. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Long
by AL-1-
** EURJPY ** a nice trio of trades for EJ 🏆Good evening, an update for you all on today trades. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Short
by AL-1-
** xauusd ** current long trade heading toward yhe TP target.Morning all, hope your all having a good week. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too. Strategy Report OverviewPerformance SummaryList of TradesExport 2010.40 ¥ 2.01 % Net Profit 2 Total Closed Trades 100 % Percent Profitable 0 ¥ Max Drawdown 1005.20 ¥ 1.01 % Avg Trade 21 Avg # Bars in Trades
OANDA:XAUUSDLong
by AL-1-
2
** EURJPY ** can we make it 3 out 3, closing in on TPHappy Wednesday, hope your all having a good week. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too. Strategy Report OverviewPerformance SummaryList of TradesExport 2010.40 ¥ 2.01 % Net Profit 2 Total Closed Trades 100 % Percent Profitable 0 ¥ Max Drawdown 1005.20 ¥ 1.01 % Avg Trade 21 Avg # Bars in Trades
Short
by AL-1-
** XAUUSD ** current gold sell trade, lets see it how plays outHere's to a new week on the charts. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too. Strategy Report
OANDA:XAUUSDShort
by AL-1-
1
Quick Trade Strategy (Jan 15th through Jan 20th 2020)Bitcoin/USD rate (January 15th 2021 through January 20th 2021) Low: $31,708 High: $38,747 Here is a simple strategy I have developed based on my latest chart ideas. Provided this works as expected, these targets could yield 12-16% profits. I could be 100% wrong too. Buy Target: $32,420 Sell Target #1 for 45%: $35,989 Sell Target #2 for 40%: $37,190 Sell Target #3 for 15%: $37,752 Here is the related chart I am basing my personal strategy off of: Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
COINBASE:BTCUSDLong
by Hambooger
2
Macro strategy based on RSI and Alt Dominance on BTCUSDTHi traders, There's been a lot of discussion about RSI and overbought/oversold levels. Very little testing and data though. Though it might be interesting to show this strategy that runs on high timeframes, has as much profit as buy-&-hold at half the drawdown. It's on BINANCE:BTCUSDT This experiment started when we started testing clasic RSI strategies: buy when it's below 30 and sell when it's above 70. It was a profitable strategy but could not touch buy-&-hold in the past year with +330%. In fact the classic RSI strategy on the daily would have brought you "only" +74.1% on the 1D chart. The reason? In an ascending market high RSI is a measure of intesity of the move rather than the deliminator of a level. So high RSI is good. Remember in 2017 RSI topped out at 95+ only. Selling at 70 would have been a mistake. So the idea was to take RSI as a measure of intensity and try and come up with a strategy that: - has us in a position most of the time - when the top nears it takes us out & quickly catches the dip - has a limited dropdown, up to 10% - as always is simple to extecute - can compete with buy-&-hold in results The strategy: for the past year the experiment lead to this strategy that yields close to what buy-&-hold does and we noticed it warning of topping out before 11.1. It returned +334.55% in the last year. We open a position when: RSI is above 50 We close a position when: RSI is above 85 AND Alts Dominance is up by 3% in the last day No stop loss or take profit - only market based conditions Why does this strategy work? It seeks out a bull market and is looking to be in a positon as much as possible. By using Alts Dominance in the close condition we see that we are in the last phase of the Money Flow Cycle and altcoins might be outperforming Bitcoin in the next period. Should the bounce for Bitcoin be fast we are at ready to jump back into the market. Currently we are in a position that oppened on the 11th at the dip. I will update here on how it progresses. This is all on spot.
Long
by CleoFinance
GBP/AUD Potential 110 Pip Upside Move!Here is another nice clean, simple set up on GBP/AUD today. As you can see GBP/AUD has been trending to the upside for some time now creating consistent LH and HH along with a trend line where the market has created a low and then a new high 3 times now recently, despite the fact that the UK is in full national lockdown. Typically this means a BEARISH GBP, HOWEVER due to the mass COVID-19 vaccination programme going ahead in the UK, the markets are taking this as a promising scenario therefore we see a bullish GBP. I have also identified an area of resistance on the 4H timeframe that has been broken earlier today and tested as support @1.76400. From there the market created a new high @1.76930 and has rejected that level to come back down and test support again. I would like the market to create a bullish candle after the rejection and for the market to stay above 1.76470 in order for me to place a buy. Feel free to leave a like on this post if you agree with my idea and comment any ideas you may have below. Also feel free to follow my page to be notified when I post! Happy trading!
Long
by ShaunGadd02
📖 Diversification in trading strategies. Part 1Often, traders are pursuing the system's maximum profitability, upon creating trading strategies. However, it is more important not to increase the value of the expected profit, but to reduce the possible risk, which is expressed in the maximum allowable drawdown. A simple, but relatively reliable way to assess the trading strategy effectiveness is to determine the profitability ratio to the system's drawdown maximum in the period under study, the so-called recovery factor. For example, if the system's profitability is 45% per annum, and the maximum drawdown is 15%, the recovery factor will be 3. If we compare two systems with different profit values and drawdowns, then the system with a higher recovery factor will be better. A system that allows to earn 30% per annum with a 5% drawdown will be better than a system with 100% per annum and a 40% drawdown. The profitability can be easily adjusted to the required value using margin lending, but the risk level in the system profitability cannot be changed, these are integral terms of the system. By increasing the yield, we increase the risk accordingly. However, it is possible to reduce the portfolio risk at all applying diversification, that is, trade not one separate strategy, but a whole set, dividing the capital between the systems. In this case, the drawdown of each individual system does not necessarily coincide with the drawdowns of all other systems in the portfolio, therefore, in general, we can expect a smaller total drawdown maximum, while the system's profitability is only averaged. If the systems are sufficiently independent of each other (different trading strategies are used, different instruments are traded), then the drop in equity in one of the systems will most likely be compensated by the increase in equity in some other system. The more independent trading strategies and trading instruments are, the more the overall risk is diluted. There are even situations when it makes sense to add a knowingly unprofitable strategy to the portfolio. Although the overall portfolio profitability will decrease slightly, it may turn out that the risk will decrease even more, and overall portfolio performance will improve. Theoretically, if you add more and more strategies and instruments to your portfolio, you can get as little risk as you want, and, accordingly, as much efficiency as you want. However, in practice, such an intention will inevitably face the problem of correlation between different strategies and tools. The main ways of possible diversification are as follows: Diversification by trading strategies Diversification by parameters of trading strategies Diversification by trading instruments Diversification across markets 🧐In this part we will take a closer look at the first option. 📌 Diversification by trading strategies At the heart of every trading strategy is some general market attribute or traded instrument that can be used to make a profit. For example, the ability of the market to form prices trends and continue moving after a breakout of a strong resistance level. If there are several systems based on fundamentally different considerations, then capital diversifying between these systems can lead to significant risk reduction. Indeed, in terms of the internal essence of the system, they can be as different from each other as you like, and as weakly correlated with each other. If, for example, trend-following systems and systems on level breakouts are somehow similar to each other and often give similar equity, then trend-following and counter-trend systems, on the contrary, will even show a negative correlation. Where the trend-following system will be sawn, the counter-trend system will show profit, respectively, the overall portfolio risk will significantly decrease. Diversification of this kind, in theory, has no limits in depth and depends only on the creative ability of the trader to create systems. Therefore, it is important to constantly continue to work on the search for new trading strategies, since it is in this direction that the most reliable way to increase the efficiency and profitability of trading lies.
Editors' picks
BITSTAMP:BTCUSDEducation
by I.T.Analytics
23