RafaelZioni

Low Scanner Forex strategy

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105
This strategy is non repainting as the scanner do not use security for its entry and the Hull MTF is non repainted one.
it design for forex only
why it working as such ?
simple once we have good detection of Low using Low scanner and Low scaner strategy
which is a killer for stoks as I shown in that script
here i show winning non repainting strategy for Forex
why it working perfect?
if the Low entry is good. the market go up or down but eventualy by using step wise profit take out
as shown by adolgov
then you will win most of time .
This is example how I use my script with adolgov script to create this strategy
it not pyramiding as in pyramiding we buy and buy and buy. here the entry is fix but exit is progressive,0.5% -1% 1.5% ,2% at 25% equaty each.
the market go up or down we just take ourt profit out.
so if you use leverage in forex the win % will be crazy. but you must to apply this only to asstes where this strategy is working like EURO /USD
the dat here is from 2017 t0 2018 ,if you want the last data which show the same put in test year 2019 as start
This script is for forex lovers as teaching how to create winning non repainting strategy
if you want to invite to coffe be free to do so
let me know what you think
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Comments

Can this be run on futures. ES in particular. Do you have any settings for 15 min thanks
+1 Reply
@sesvet i have study version of a similar but much more better one that work on this but strategy is not working since TV does not allow it to run on futures
Reply
sesvet RafaelZioni
@RafaelZioni, What are you running it on? Thanks for your help
+1 Reply
good morning

if I may, I have a question regarding the stop loss setting. you are forcing a %25 stop loss on each trade, am I correct on this observation?

best regards
Reply
@Fernas, becouse its only long ' i put this in this way. if you have shorts then stop loss will be much lower
Reply
Can we use it for Nifty or Bank Nifty.
Reply
@tsghosh, no. only oin study. TV not allow to run strategy on Nifty bank
Reply
FiatDropout RafaelZioni
@RafaelZioni, It does. You have to change the starting capital equal to 25 quantity, as that is the min required to trade it. Try it...i use it all the time
Reply
RafaelZioni FiatDropout
@FiatDropout, ok , i just write this script on the fly . you are correct . but this can be done in setting if someone want
Reply
FiatDropout RafaelZioni
@RafaelZioni, yes...i was struck on this problem for a while, but then a simple change, and it worked like charm...
Reply
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