SoW_1405 (ver. 2) Not running

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Created an oscillator from two LWMA indicators (Period 5 and Period 28 GBPUSD). The formula is: ((FastLWMA-SlowLWMA)/SlowLWMA)*100. I'm using this calculated value for the further processing which is described below: 1. Trying to find local maximum and minimum values using previous three and the current oscillator values. If all the previous values are higher than the preceeding ones and the current value lower than the previous one at least by 10percent, then the oscillator had a local maximum. The logic is same for findind local minimum oscillator values. 2. If the local maximum value is found then it's time to SELL. If the local minimum value is found then it's time tu BUY. 3. I do not need to use TP or Stoploss because the strategy just closing the current position before opens the opposite one. 4. Trade volume calculation: Lotsize=(CurrentEquity/AskPrice/Leverage/1000000)*0.65

Cumulative Profit/Loss dynamics

Selected period: 01.04.2020 - 30.04.2020

Full Stats

Standings (points): 185 (79)
Performance, $ (points): 90,14K$ (13)
Drawdown, % (points): 37.39% (31)
Bonuses: 35
Average Profit Trade: 18,28K$
Average Loss Trade: -20684.43$
Profit factor: 0,00K
Number of trades: 6
Traded volume: 133,06M$
verindur avatar
verindur 11 Aug.

Thanks. )) Great Strategy. Perhaps one of the best that I have ever seen. I had the ideas but I have learnt how to implement them from you. Good choice of Currency Pair and Timeframe. )) Good Luck. )) Hopefully it survives most of the market conditions.

BadSector avatar
BadSector 11 Aug.

Hi verindur,
Thanks for the goodies, use whatever you want. Just please do not became better than me)) But anyway, it's all about risk - the month is not finished yet ...

FX_Riper avatar
FX_Riper 22 Aug.

Nice Job .....

BadSector avatar
BadSector 22 Aug.

Thanks

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