Optimizing a strategy | M15

Trading Systems
1

Hello everyone out there,

I would like to present you a strategy, which I find okay works and also sometimes leaves good trades. Now I would like to ask you all if anyone sees potential for optimization and would like to ask for your suggestions and feedback.

The strategy:

M15 Chart

Heikin Ashi Candles (period 3)
MACD (5,13,1)
OBOS Indicator (13) (optional)
Smoothed Moving Average (9; shift 2; close)

Long:
MACD is positive
Heikin Candle is green
OBOS is green
Heikin Candle Body is above smoothed MA

Short:
MACD is negative
Heikin Candle is red
OBOS is red
Heikin Candle Body is below smoothed MA

Exit:
MACD moves to the opposite
OBOS moves to the opposite
Candle falls below smoothed MA
Stop below the last low

Optional: Exit if candles switches the color, but you get stopped out often!

you can use an EMA 200 close to favor when the price is above (long) and the price is below (short), or to recognize the trend direction.

I am happy about feedback and your suggestions!

Here you have an example on EUR/USD M15:
X means Exit
hook means Entry
Arrow means i went Long

grafik
grafik859×645 10.1 KB

2

This seems nice. Back test in a trending and consolidating market see the results and then follow them.

1 Like
3

Here i updated the picture above for 2 more possible Trades.

grafik

but they were between 11PM - 02AM London Time.
Maybe this tactic is only recommended in the main London Session?

Glad about feedback.

4

hey, thanks. would be happy if you could then give detailed feedback again. Maybe you still find a need for optimization. With other indicators or similar