Forums › ProRealTime English forum › ProOrder support › 1MDAX/RSI/MACD › Reply To: 1MDAX/RSI/MACD
07/22/2018 at 12:43 PM
#76451
I was backtesting a strategy on the 1 minute chart and came up with this very simple algorithm based on the RSI and MACD indicators.
Its a long only strategy with fixt SL and TP
When the RSI =<25. and the MACD line =<-10. it takes a long position with SL 30pt and TP50pt
postion size is a bit progressive at 10pp with an account of 10.000,-
It seems to work best in downtrends.
A backtest at 200.000 units or any suggestions r welcome.
Little confused as to how your best trade is >1000 when TP is 50p which at 10 times is 500 . What am i missing ?