The Powertrend is a range filter that is based off of volume, instead of price. This helps the range filter capture trends more accurately than a price-based range filter, because the range filter will update itself from changes in volume instead of changes in price. In certain scenarios this means that the Powertrend will be more profitable than a normal range...
In essence, this strategy is a heavily smoothed range filter. This strategy includes a backtester and ability to connect it with your 3 commas bot(See adviced settings below) The calculation steps below gives an example on how signals are made: 1. Calculating the price movement using ATR, % change, standard deviation etc.. 2. Obtaining the smoothed price using...
What is the Range Filter + MA Strategy? This premium indicator was inspired by my desire to find and place high probability forex trades in any market, direction, or time of day. Why Forex? The Forex markets operate 24 hours, 5.5 days a week Access to meaningful leverage Ability to easily trade long or short High liquidity How to use it! ----- First, start by...
™TradeChartist Donchian Channels Breakout Strategy is the strategy backtester version of ™TradeChartist Donchian Channels Breakout Filter . =================================================================================================================== Features of ™TradeChartist Donchian Channels Breakout Strategy...
█ 888 BOT #backtest This is an Expert Advisor 'EA' or Automated trading script for ‘longs’ and ‘shorts’, which uses only a Take Profit or, in the worst case, a Stop Loss to close the trade. It's a much improved version of the previous ‘Repanocha’. It doesn`t use 'Trailing Stop' or 'security()' functions (although using a security function doesn`t mean that...