I haven't written much in the forum (mainly because I use most of my free time backtesting etc.), but I read a lot and I think it is great to see people helping each other in this complex and unpredictable forex world.
After not being profitable manually myself and being tired of signal subscriptions that use averaging and eventually end up in a big DD, I decided to mostly trade automatically.
Therefore, I analyzed in which scenarios the market was more predictable historically (which are not very many) and ended up with mainly two strategies, that I would like to share not only for marketing purpose, but since the price is quite reasonable (considering the time it took to develop them) I honestly think it might be a good addition to any portfolio.
I am always very critical and don't want to promise any impossible gains, but as we see even really good traders like SteadyCapture (I am myself also invested in SC) or the Revolution quant strategy can have their drawdowns or stagnation periods, so I think it is best to diversify as much as possible in profitable strategies.
The first strategy is a momentum strategy, which is a bit similar to SFE Price Action (all momentum strategies are similar...) but it uses a time filter and only trades in the two hours after bank events or speeches from bankers. This way it is possible to get quite high historic profit factors of 2 to 4 depending on the symbol. Here is a link to the portfolio backtest (simulated with commission and execution delay).
The general problem of momentum strategies is that they don't perform well when there are no strong fundamental trends. Therefore, with the time filter we try to minimize trading during those times.
The other strategy is using the fact that big players are trying to stop out technical trades (reversal and breakout) around important price levels. Therefore, the volatility is statistically a bit higher around those levels making it possible to get a higher than random profit chance. But this only works on brokers with really good execution (I mainly use LMAX and Darwinex). I even coded a FIX version, where one can send stop orders directly to the XCore at Darwinex, if anyone is interested in it. Those will be executed before any MT4 orders and usually get a few points better price. Historic backtests.
Some live performance (one can also invest in them via Darwinex with only a performance fee):
Seller profile.
After not being profitable manually myself and being tired of signal subscriptions that use averaging and eventually end up in a big DD, I decided to mostly trade automatically.
Therefore, I analyzed in which scenarios the market was more predictable historically (which are not very many) and ended up with mainly two strategies, that I would like to share not only for marketing purpose, but since the price is quite reasonable (considering the time it took to develop them) I honestly think it might be a good addition to any portfolio.
I am always very critical and don't want to promise any impossible gains, but as we see even really good traders like SteadyCapture (I am myself also invested in SC) or the Revolution quant strategy can have their drawdowns or stagnation periods, so I think it is best to diversify as much as possible in profitable strategies.
The first strategy is a momentum strategy, which is a bit similar to SFE Price Action (all momentum strategies are similar...) but it uses a time filter and only trades in the two hours after bank events or speeches from bankers. This way it is possible to get quite high historic profit factors of 2 to 4 depending on the symbol. Here is a link to the portfolio backtest (simulated with commission and execution delay).
The general problem of momentum strategies is that they don't perform well when there are no strong fundamental trends. Therefore, with the time filter we try to minimize trading during those times.
The other strategy is using the fact that big players are trying to stop out technical trades (reversal and breakout) around important price levels. Therefore, the volatility is statistically a bit higher around those levels making it possible to get a higher than random profit chance. But this only works on brokers with really good execution (I mainly use LMAX and Darwinex). I even coded a FIX version, where one can send stop orders directly to the XCore at Darwinex, if anyone is interested in it. Those will be executed before any MT4 orders and usually get a few points better price. Historic backtests.
Some live performance (one can also invest in them via Darwinex with only a performance fee):
Seller profile.
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