USDJPY 3candles and reversal strategy with ADX and VOL filter.

USDJPY 3candles and reversal strategy with ADX and VOL filter.

Dear all

I have been playing around with the concept of reversal after n consecutive bullish or bearish bars and I found a quite nice result in the USD JPY 1 hr timeframe.

The strategy has 3 condition:

  • 3 consecutive bars of hte same colour
  • ADX > ADXmin
  • Vol > Volmin ( expressed in ATR )

In attachment you find the results of a WF static analysis 70/30 with 3 variables.

Please feel free to comment, any constructive criticism will be greatly appreciated!

 

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  1. DarioMazza • 05/15/2017 #

    THIS doesn’t work. no operations

  2. Francesco78 • 05/15/2017 #

    ciao Dario, 
    try to change line 19 with 
    volok = volindic > atrmin*pointsize
    Let me know.
    Best

  3. pepmartorell • 05/15/2017 #

     It seems it doesn’t work, even with the change proposed by Francesco78. In fact the maximum amount of winning trades in my nacktest simulation is under 10%…
    Where’s my error? I apply the code on USDJPY at 1-hour frame, wth 1.5 pips, etc.

  4. Francesco78 • 05/15/2017 #

    Hi Pepmartorell, please let’s continue the discussion on the forum thread so that we can share pictures, I would like to see a snapshot of your screen when you try the backtest in order to help you.
     

  5. Francesco78 • 05/15/2017 #

    Hi Pepmartorell, please let’s continue the discussion on the forum thread so that we can share pictures, I would like to see a snapshot of your screen when you try the backtest in order to help you.
    this is the link
    https://www.prorealcode.com/topic/ncandle-and-reversal-filtered-strategy/
     

  6. Jusmih1 • 05/15/2017 #

    Hi there,
    i am looking at your Strategy however when you put in automatic trading mode its saying that I have to remove all the variables from the “Probacktest” and to replace them with specific numeric values in the code of the trading system? can you help me as I am not sure how to do this? Thank you

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