Hey SVA, I know what you did last decade…
Hi traders, do you check the Simple Volume Average-Indicator's value?
Just out of curiosity, I did researched performance of the SVA-indicator in the last 10 years. In this report, I will show you the truth of the SVA.

Back Test Settings.
  • Trading rules of the sample strategy for this research is “MinMaxBoxCounter”.
  • Chart is EUR/USD 5 minutes bar.
  • SL is 0.5% of the close price.
  • TP is 0.1% of the close price.
  • Filter is ALL_FLATS.
  • When close price was highest value of the last 26 bars it try to take a SHORT position. And, bar A is the bar which is 26 bar before. Bar B is the bar which has a second highest close price. Bar C is the bar which has a lowest close price. Bar D is the bar which has a highest close price.
  • When close price was lowest value of the last 26 bars it try to take a LONG position. And, bar A is the bar which is 26 bar before. Bar B is the bar which has a second lowest close price. Bar C is the bar which has a highest close price. Bar D is the bar which has lowest close price.
  • Back test period is 50 weeks. It is from 2004 to 2013 except first and 52th week of each year.
Back Test Result.
  • Default: All orders.
  • SVA_D < SVA_C: Pick up the orders, only if SVA-value of the bar D was less than that of the bar C.
  • SVA_D < SVA_B: Pick up the orders, only if SVA-value of the bar D was less than that of the bar B.
  • SVA_D < SVA_A: Pick up the orders, only if SVA-value of the bar D was less than that of the bar A.
  • D < C & D < B: Pick up the orders, only if SVA-value of the bar D was less than that of the bar C and SVA-value of the bar D was less than that of the bar B.
  • D < C & D < B & D < A: Pick up the orders, only if SVA-value of the bar D was less than that of the bar C and SVA-value of the bar D was less than that of the bar B and SVA-value of the bar D was less than that of the bar A.
!!Cautions!! Accuracy of tester which was used for this research is worse than the default tester's "Ticks - Process all ticks". But more better than the default tester's "1 Minute - 4 ticks at OHLCs". And, of course, this result is not include trading fee. If you want to know the more realistic numbers, please do yourself. This report is my personal opinion. It is up to you whether believe or not.

Truth of the SVA...

When you feel you get lost on the EURUSD chart, please check the SVA. If that values is decreasing, SVA might be screaming that "You should not take a positions which has same direction as the trend!”
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