Optimized for FXCM:EURUSD on 4H Candlestick charts using the historical price data from FXCM during the period March 1st 2019 - June 1st 2019. Find the indicator script here: tradingview.com/script/GXp6BCtU-FXCM-EURUSD-4H-Algo-GB/
* The strategy script has an Open PnL of ~$30000 at the time of writing, 30% in Open Net Profit.
The script is written in PineScript V.3, makes no use of the security() function and does not use the Trailing Stop-Loss function from TradingView. No repainting issue whatsoever.
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Optimized the filters & the settings of the algo using price data from FXCM:EURUSD 1/4/2019 - 1/7/2019.
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Version 1.04
Re-optimized the settings/filters using the FXCM:EURUSD price history of May, June, July.
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Version 1.05
- Re-optimized its settings/filters using historical price data from 01/06/2019 - 06/09/2019 for live trading in September.
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Version 1.06
- Updated algorithm. - Added volatility calibrated Hegde/Add signals + alerts. The sensitivity of the signals can be determined by the user. - Cleaned the codebase by removing old/unused code.
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- Synced study/strategy threshold values.
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- Strategy reports Signal to Signal results. (Not applicable to live trading | Hedge/Add signals must be taken into consideration as well)
@pavlaras, Unfortunately I didn't get good results. Still, thank you.
pavlaras
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@burakmertcan, this is optimized for EURUSD on 4H and on FXCM only using the price data of the last three months. Not sure if you tested it on anything else but thanks for testing it.
burakmertcan
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@pavlaras, I tested on the 5-15 minute charts at EurUsd.