This is an Strategy finds and utilise end points of short term market trends and this is a combination of many indicators such as 1. Volume change oscillator 2. Money flow index ( MFI ) 3. Momentum Oscillator (MOM) 4. Stochastic Indicator 6. Relative Strength Indicator ( RSI ) 7. Relative volatility index (RVI) 8. Balance of power (BOP) 9. Small moving average ( SMA ) 10. Exponential moving average ( EMA ) 11. Parabolic SAR 12. Super trend indicator this script forms a compound indicator after analysing movements of those indicators through different time frames and measure its co-relation and variance with the price action. buy doing that, indicator in a position to identify short term market reversals and presented.
after generating a common indicator, it evaluates standard deviation and standard variance with currant market price action and generates a buy and sell signals. you can determine your own trading method based on available options.
Hi, I am running backtesting at the same date range as your result above. However the max drawdown I get is very high. It's not low as your result. Would you please advise me what to set to be able to get low max drawdown as above sample? Thank you so much.
llal2iall
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The strategy tester doesnt launch on your strategy , it doesnt load data . Do you know where is the problem ? Thanks .