Interesting strategy, thanks to share
Good morning Larry,
I downloaded and compiled your LarryConners RSI 2.
I would like clarification: the expert works exceptionally but only when the 1-minute OHLC data is used in the bcktests.
If instead
real ticks are used the results are only negative with any timeframe.
What could be the problem ?
Thanks
Giuseppe (from Sicily)
gica51:
Good morning Larry,
I downloaded and compiled your LarryConners RSI 2.
I would like clarification: the expert works exceptionally but only when the 1-minute OHLC data is used in the bcktests.
If
instead
real
ticks are used the results are only negative with any timeframe.
What could be the problem ?
Thanks
Giuseppe (from Sicily)
Hi Giuseppe
The algo trades on every tick which could be the reason for the draw down.
I have since updated it to trade only on new bars.
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
Larry Conners RSI 2:
Simple Expert Advisor based on the Larry Conners RSI 2 strategy.
This Expert Advisor uses three indicators, RSI (Relative Strength Index), fast Moving Average (5 period), slow Moving Average (200 period).
The Idea of this strategy is to determine the general trend by using the slow Moving Average (MA 200). Then buy on the dips and sell on the rises.
Long Entry Rules
Long Exit Rules
Short Entry Rules
Short Exit Rules
Author: Stanton Roux