oil-10min-hammernegated-pattern-strategy
Forums › ProRealTime English forum › ProOrder support › oil-10min-hammernegated-pattern-strategy
- This topic has 93 replies, 25 voices, and was last updated 4 years ago by nonetheless.
-
-
10/23/2017 at 11:49 AM #5030110/24/2017 at 12:04 PM #5037511/04/2017 at 4:04 PM #51476
This strategy seems til not reform well at all in crudeoil. Anton Else experience the same?
03/05/2019 at 5:10 PM #9290603/05/2019 at 5:44 PM #9291006/21/2019 at 8:31 AM #101136It was written that hammerupmegated: the max of Open/Close of current bar should be smaller than the min of previous bar’s Open/Close.
I wonder how would it be possible for the hammerupnegated part. If the market is trading 24hrs, I guess the open price should always equal the close price of the previous bar? (except gaps may appear after session break)
1 user thanked author for this post.
06/26/2019 at 9:13 AM #101422Recent observation shows this strategy is still working well on 15 TF. However, would anymore test it on 200k bar please?
Another observation is that the signal often occurs during non-volatile period and price did not often trend in the right direction immediately. Does it mean hammernegated is not a strong signal to open a position, while the tight stop profit saves its live?
1 user thanked author for this post.
10/22/2019 at 8:47 AM #110788Yes still working well on 15 min TF and on the last 200k bars with the original Francesco’s code
3 users thanked author for this post.
11/28/2019 at 12:31 PM #11383311/28/2019 at 12:33 PM #113834@rejo007 Sure, what did you find?
11/28/2019 at 12:43 PM #113838I have try dax, cac40, dow, nasdaq, spain, …
with x = between 0.85 and 0.95 (depend volatility of index)
and 5 or 6 at place of 3 on this line (the same for down)
hammerup = min(open[1],close[1])>high[1]–(high[1]–low[1])/5 //and timeok
timeframe: 15min
and without optimisation, it’s run very good (not a lot of trade but …)
with bitcoin and other too.
wath do you think?
just a problem with index italia (great loss, so i think that a stoploss more close could be better )
11/28/2019 at 12:45 PM #113839Thank you for your work! Would you be able to post here some of your results and codes?
Many thanks
Francesco
11/28/2019 at 1:06 PM #11384511/28/2019 at 5:40 PM #11386311/28/2019 at 5:42 PM #113868 -
AuthorPosts