Not sure how to fix this but i want to take all the short trades out as i believe this wil reduce the drawdown. Any help would be greatly appreciated //@version=2 strategy("MOMENTUM", overlay=true) //RSI Section length = input(2, "RSI Period") overSold = input(30, "Oversold Level") overBought = input(70, "Overbought Level") price = close vrsi = rsi (price,...
Below is a simply 200 day ema cross system for the XJO all ords index. I'm trying to do some out of sample testing but it just gives me errors, can someone please help me with the code??? I would really like to trade this as a long term strategy but need to confirm the data show with OOS tests. Thanks
Being used for walk forward testing only.
GXY possessing strong momentum characteristics on the 2H chart. RSI - length = 5 ATR = 5 Buy when overbought Sell when oversold Will be doing some walk foward testing on paper for this as it may be a false indication.
This is my first complete, profitable trading strategy. Please note that this is a short term trend following strategy so it works well in trending markets but can get whip sawed when consolidation occurs. 60% drawdown isn't actually too bad and is the result of a flash crash. Using the RSI2 for entry and Vstop for exits, this strategy revolves around the...