TradeTyrant

Custom Strategy 86% W%, R/R 1:1.5

EIGHTCAP:EURJPY   Euro / Japanese Yen
I've been working on a trading strategy for awhile now and I found one that looks promising and may very well be the one I've been working toward. I would like someone to use it as well, possibly tweaking the settings a bit or timeframe and let me know how the results turned out. This gave me a 86% winning % (43W / 7L) and an average Risk vs Reward Ratio of 1.00 : 1.57 (lots, not ATR) with 50 consecutive trades. These securities were tested.

XAUUSD
NDX100
US30
SP500
EURGBP
USDJPY
EURUSD
GBPUSD

Strategy: The 4 Point Cross
Time Frame: 15M
US30
SP500

Setup

Japanese Candlesticks
15M Chart

Indicators

1.) Double RSI (7/21)
2.) MACD (24,52,18)
3.) EMA Cross (9,21)
4.) Pivot Supertrend ( PP Period 1; ATR Factor: 2, ATR Period 10)
5.) 200 EMA for Trend
6.) Volume (30 with MA)

There are so many buy / sell signals with this though that you really need to discern which is best for you. Here are my Long / Short trade parameters

Long

1.) Price should be above the 200 EMA
2.) The 7 RSI crosses completely over the 21 RSI
3.) The 9MA crosses completely over the 21 MA
4.) Supertrend Buy Signal on the same candle is the crossings or a maximum of two candles back or forward of the cross signal
5.) MACD , RSI and EMA crossing at the same time (IDEAL)

Let me know, thanks!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.