This is a video that describes, at a high level, a strategy I recently implemented and automated. It generates very impressive back testing results ans has proven to be very successful in the last 9 days of actual live trading so far...
Enjoy and let me know your comments.
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One thing I forgot to mention in the video is the script also reinvest the profits throughout the strategy (positions get bigger if the strategy makes profits and smaller if it looses money). This is how you get the compounding effect and such a steep asset curve.
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April MTD stats(after a few minor tweaks): 100.58% return 76.92% profitable trades 5.831 profit factor