This is called a “stochastic indicator”, isn’t it?
Greetings, thanks for the post.
Yes the Stochastic Oscillator looks at the C, H & L in its calculations.
Back to the normal system R:R 1:1 CADCHF
Modelled 2010 - 2015 Dec
Tested 2016 - 2017 June
28 Trades 26 Wins 92.86% Win Rate (+ 22.86% Error)
Finally a loss, so some reality check. I’m just glad that it’s not so high
EURGBP
191 Trades
91 Wins
47.64% Win Rate on R:R 1:1
Back to normal form
GBPUSD
81 Trades
51 Wins
62.96% Win Rate on R:R 1:1
GBPAUD
79 Trades
54 Wins
68.35% Win Rate on R:R 1:1
Seems to be some signal correlation between GBPAUD & GBPUSD. Will have to look at that for all pairs when prelim testing is done.
GBPCHF
66 Trades
49 Wins
74.24% Win Rate on R:R 1:1
Altogether so far:
9 Pairs
782 Test Trades
479 Wins
61.25% Win Rate on R:R 1:1 (-8.75%) Error so far
Circa 176% Return @ 1% Risk per Trade = Ave 9.78% return per month
21 More pairs to go
Some more data to pull. Upgraded hardware so thy should come in quicker
Don’t think i’ll post anymore results. But I would say there is good edge here and it is quite simple to implement.