Oil 10min “hammernegated” pattern strategy

Oil 10min “hammernegated” pattern strategy

Dear all,

I found this nice strategy by playing with candlestickpatterns with 2 candles.

Basically I considered the “hammer negated” pattern, where you have first an hammer candle (body on the upper or lower 25% of the candle) and then a candle which negate the hammer so in case we have a bullish hammer, then we have a candle whose body is within yesterday candle shadow. I hope it is clear as I have no idea how to draw candles on the laptop.

I added then a few moving average that identifies momentum, and opted for trailing stops.

The only thing I have optimized here are trailing stops level. All the moving average period, the parameter that defines the candlestick pattern are not optimized, no target profit either. Thats why WF results are pretty impressive.

Only downside as usual is that I dont have more than 100K history.

Enjoy

Francesco

 

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  1. miguel33 • 16 days ago #

    tnks  George.

  2. Francesco78 • 16 days ago #

    I have opened a forum thread as suggested by Grahal in order to make discussion more confortable.

    https://www.prorealcode.com/topic/oil-10min-hammernegated-pattern-strategy/

    Thanks

  3. Kv6 • 6 days ago #

    Hola Francesco,

    Muy buenos resultados. No obstante, cuando pongo el código a funcionar, al cabo de un tiempo me aparece el siguiente mensaje: “El sistema de trading se interrumpió, porque ocurrió una división por cero durante la evaluación de la última vela. Le sugerimos que intente añadir protecciones a su código para evitar divisiones por cero, luego backtestear el sistema modificado para comprobar la corrección”.

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