ADX, RSI & ATR strategy - page 4
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Just a quick update, the first trade hit its take profit:
2009/03/05 10:00 Sell GBPJPY 140.74 TP 134.37 hit on 2009/03/11 04:00
Profit of 637 pips. I've attached a pic showing the trade. Trading the system manually I might have waited for the 21 RSI to hit 30 before closing the trade and picked up the extra 250 pips. Either way I'm happy with the first live trade.
Looks like it missed the retracement thou = ( The problem being that the RSI signals come about 5 hours ealier than the ADX, Stochastic and OsMA signals. Grr! Is it possible to set a pending order say when 21 RSI breaks thru OB/OS level that is only executed if ADX and Stochastic oscillators confirm in say 3-5 hours? Most pending orders are set on price hitting a certain level which is no good to me here.
Here's a copy of my strategy tester results from the last 4 months using variable lots. Not a bad return all in all = )
Symbol GBPJPY (Great Britain Pound vs Japanese Yen)
Period 1 Hour (H1) 2008.10.01 00:00 - 2009.03.10 23:00 (2008.10.01 - 2009.03.11)
Model Every tick (the most precise method based on all available least timeframes)
Bars in test 3661
Ticks modelled 4397250
Modelling quality 90.00%
Mismatched charts errors 12
Initial deposit 10000.00
Total net profit 180745.12
Gross profit 195378.11
Gross loss -14632.99
Profit factor 13.35
Expected payoff 20082.79
Absolute drawdown 161.34
Maximal drawdown 43969.63 (29.22%)
Relative drawdown 31.44% (4511.41)
Total trades 9
Short positions (won %) 6 (83.33%)
Long positions (won %) 3 (33.33%)
Profit trades (% of total) 6 (66.67%)
Loss trades (% of total) 3 (33.33%)
Largest profit trade 81065.30
loss trade -7569.16
Average profit trade 32563.02
loss trade -4877.66
Maximum consecutive wins (profit in money) 3 (138455.43)
consecutive losses (loss in money) 1 (-7569.16)
Maximal consecutive profit (count of wins) 138455.43 (3)
consecutive loss (count of losses) -7569.16 (1)
Average consecutive wins 2 consecutive losses 1
and the same trading 0.1 fixed lots
Symbol GBPJPY (Great Britain Pound vs Japanese Yen)
Period 1 Hour (H1) 2008.10.01 00:00 - 2009.03.10 23:00 (2008.10.01 - 2009.03.11)
Model Every tick (the most precise method based on all available least timeframes)
Bars in test 3661
Ticks modelled 4397250
Modelling quality 90.00%
Mismatched charts errors 12
Initial deposit 10000.00
Total net profit 8176.70
Gross profit 9102.52
Gross loss -925.82
Profit factor 9.83
Expected payoff 908.52
Absolute drawdown 32.19
Maximal drawdown 1043.91 (5.98%)
Relative drawdown 8.28% (899.72)
Total trades 9
Short positions (won %) 6 (83.33%)
Long positions (won %) 3 (33.33%)
Profit trades (% of total) 6 (66.67%)
Loss trades (% of total) 3 (33.33%)
Largest profit trade 2442.87 loss trade -419.40
Average profit trade 1517.09 loss trade -308.61
Maximum consecutive wins (profit in money) 3 (3514.94) consecutive losses (loss in money) 1 (-419.40)
Maximal consecutive profit (count of wins) 4153.89 (2) consecutive loss (count of losses) -419.40 (1)
Average consecutive wins 2 consecutive losses 1
Second live trade, although I think it might get this one wrong; it's not a trade I would've placed but given the Bank of England printing more money the currency should devalue so hopefully it'll turn out all well an good. Fingers crossed
third trade, i think it should have got this one right. Was stopped out of the second trade just a little before the turn, lost 200 pips on that one. Oh well
100% accuracy baby oh yeah = ) fair enough it only trades 4 times and its only over 3 months but still... woo hoo! This is trading 0.1 lots so you should really times the profit by about 5 to arrive at the profit you would've made on a 10k deposit.
Symbol GBPJPY (Great Britain Pound vs Japanese Yen)
Period 1 Hour (H1) 2008.12.01 00:00 - 2009.03.10 23:00 (2008.12.01 - 2009.03.11)
Model Every tick (the most precise method based on all available least timeframes)
Bars in test 2641 Ticks modelled 2372225 Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 4480.52
Gross profit 4480.52
Gross loss 0.00
Profit factor
Expected payoff 1120.13
Absolute drawdown 63.24
Maximal drawdown 1045.19 (7.38%)
Relative drawdown 7.38% (1045.19)
Total trades 4
Short positions (won %) 2 (100.00%) Long positions (won %) 2 (100.00%)
Profit trades (% of total) 4 (100.00%) Loss trades (% of total) 0 (0.00%)
Largest profit trade 1713.19 loss trade 0.00
Average profit trade 1120.13 loss trade 0.00
Maximum consecutive wins (profit in money) 4 (4480.52) consecutive losses (loss in money) 0 (0.00)
Maximal consecutive profit (count of wins) 4480.52 (4) consecutive loss (count of losses) 0.00 (0)
Average consecutive wins 4 consecutive losses 0
This seems to trade more in line with the results ive got trading the system manually. 70% accuracy is fine by me. It trades nicely in both directions as well, see the pic attached. It keeps that last buy trade open all through February and then opens a sell at the first peak but doesn't close the buy, hmmmm.....
Symbol GBPJPY (Great Britain Pound vs Japanese Yen)
Period 1 Hour (H1) 2008.12.01 00:00 - 2009.03.10 23:00 (2008.12.01 - 2009.03.11)
Model Every tick (the most precise method based on all available least timeframes)
Bars in test 2641
Ticks modelled 2372225
Modelling quality 90.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 4445.33
Gross profit 4948.35
Gross loss -503.02
Profit factor 9.84
Expected payoff 635.05
Absolute drawdown 339.80
Maximal drawdown 1045.19 (7.40%)
Relative drawdown 7.40% (1045.19)
Total trades 7
Short positions (won %) 2 (100.00%)
Long positions (won %) 5 (60.00%)
Profit trades (% of total) 5 (71.43%)
Loss trades (% of total) 2 (28.57%)
Largest profit trade 1663.22 loss trade -276.56
Average profit trade 989.67 loss trade -251.51
Maximum consecutive wins (profit in money) 3 (3540.03) consecutive losses (loss in money) 1 (-276.56)
Maximal consecutive profit (count of wins) 3540.03 (3) consecutive loss (count of losses) -276.56 (1)
Average consecutive wins 3 consecutive losses 1
4th live trade, currently 120pips to the good. Looking for an 800 pip take profit. If it were to close out 500 pips in profit that would bring my total since 5th march to just under 1000 pips. Not bad for the first month's live trading.
End of the week and the 4th trade is up 400pips, looks like it should close out sometime early monday morning. The trade looks like there isn't an ADX crossover but if you switch to 30M view there is. If you had've been trading this manually the signal to close the sell would've come around 139.00 (first bullish candle after RSI(21) rises above 30. Incidentally this would've been 500 pips, as it is I can only hope the EA is detecting there is more to the downward move. 4 trades so far this month, two wins, two losses but a 5:1 win/loss ratio.