Ghoul – USD/CAD forex 1h mean rev strategy

• 07/11/2018 at 12:26 PM #75788
  jebus89

  Hi all, made this for USD/CAD before i realized that spread was so effing high here. (2,5 avg spread for me..)

  Its still profitable but only barely and i wouldnt run it..

  Its based on one of Connors strategies, got the idea from the latest episode of “better system trader” podcast.

  Anyways i was hoping someone might wanna pick this one up and see if they can add or do something for it. Some kind of filter would be awesome i guess. Its not perfect in any way but i thought i’d hear some opinions.

  Important notes:

  it looks “really good” in most forex pairs 1h, ive included a  no spread photo of EUR/GBP just to show what i mean. I wouldnt run it there either, cus again with the 1,7 avg spread in eur/gbp its crap.

  Im fairly new to mean reversion so im not sure if this looking good in many pairs is actually a good thing or not, cus as soon as i add spread its much more crappy.

  Am i onto something or am i chasing an imaginary dragon and should start over again fresh?

  Its made based on my process and method which i have described in this forum before. Optimized on roughly 30% of the data at first, then optimized again on data from 2005 -> 2015

  In usd/cad years 2015-2018 has not been optimized at all.

   

  • Picture 1 = No spread
  • Picture 2 = No spread
  • Picture 3 = With spread (2,5)
  • Picture 4 = With spread (2,5)
  • Picture 5 = No spread

   

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions indicator1 = Williams[2](close) // 3 c1 = (indicator1 CROSSES UNDER -85) // 80 indicator2 = SuperTrend[4,80] // 3,80 c2 = (close > indicator2) indicator3 = Average[100](close) // 200 c3 = (close > indicator3) cx1 = close < open IF c1 AND c2 AND c3 and cx1 THEN BUY 1 CONTRACT AT MARKET ENDIF // Conditions to exit long positions indicator4 = Williams[4](close) // 3 c4 = (indicator4 CROSSES OVER -30) // 40 IF c4 THEN SELL AT MARKET ENDIF // Conditions to enter short positions indicator5 = Williams[2](close) // 3 c5 = (indicator5 CROSSES OVER -10) // 20 indicator6 = Average[300](close) // 200 c6 = (close < indicator6) indicator7 = SuperTrend[3,80] // 3 , 80 c7 = (close < indicator7) cc1 = close > open IF c5 AND c6 AND c7 and cc1 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF // Conditions to exit short positions indicator8 = Williams[3](close) // 3 c8 = (indicator8 CROSSES UNDER -50) // 50 IF c8 THEN EXITSHORT AT MARKET ENDIF //if longonmarket then //set target pprofit 55 //endif //if shortonmarket then //set target pprofit 20 //endif

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated   // Conditions to enter long positions indicator1 = Williams[2](close) // 3 c1 = (indicator1 CROSSES UNDER -85) // 80 indicator2 = SuperTrend[4,80] // 3,80 c2 = (close > indicator2) indicator3 = Average[100](close) // 200 c3 = (close > indicator3)   cx1 = close < open   IF c1 AND c2 AND c3 and cx1 THEN BUY 1 CONTRACT AT MARKET ENDIF     // Conditions to exit long positions indicator4 = Williams[4](close) // 3 c4 = (indicator4 CROSSES OVER -30) // 40     IF c4 THEN SELL AT MARKET ENDIF       // Conditions to enter short positions indicator5 = Williams[2](close) // 3 c5 = (indicator5 CROSSES OVER -10) // 20 indicator6 = Average[300](close) // 200 c6 = (close < indicator6) indicator7 = SuperTrend[3,80] // 3 , 80 c7 = (close < indicator7)     cc1 = close > open       IF c5 AND c6 AND c7 and cc1 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF   // Conditions to exit short positions indicator8 = Williams[3](close) // 3 c8 = (indicator8 CROSSES UNDER -50) // 50     IF c8 THEN EXITSHORT AT MARKET ENDIF     //if longonmarket then //set target pprofit 55 //endif   //if shortonmarket then //set target pprofit 20 //endif

   

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  Nicolas

  

  jebus89

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  07/11/2018 at 8:13 PM #75830
  bezieh

  Looks like a good start, maybe if you try to work on strategies on 2/3h timeframe the spread wont affect as much 🙂

  

  bezieh

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