Topic: How to make a losing strategy take the opposite trades (CONTRARIAN)
The simple stochastic rule below loses money big time.
All I want is to make it take the opposite trades, consequently it should do the opposite (win)..
How??
<?xml version="1.0" ?>
- <strategy>
<programName>Forex Strategy Builder</programName>
<programVersion>2.5.3.1</programVersion>
<strategyName>straight down</strategyName>
<instrumentSymbol>USDJPY</instrumentSymbol>
<instrumentPeriod>hour1</instrumentPeriod>
<spread>2</spread>
<swapNumber>1</swapNumber>
<sameDirSignalAction>Nothing</sameDirSignalAction>
<oppDirSignalAction>Reverse</oppDirSignalAction>
<openFilters>1</openFilters>
<closeFilters>0</closeFilters>
- <slot slotNumber="0" slotType="Open">
<indicatorName>Bar Opening</indicatorName>
- <listParam paramNumber="0">
<caption>Logic</caption>
<index>0</index>
<value>Enter the market at the beginning of the bar</value>
</listParam>
- <listParam paramNumber="1">
<caption>Base price</caption>
<index>0</index>
<value>Open</value>
</listParam>
</slot>
- <slot slotNumber="1" slotType="OpenFilter">
<indicatorName>Stochastics</indicatorName>
- <listParam paramNumber="0">
<caption>Logic</caption>
<index>2</index>
<value>The Slow %D is higher than the Level line</value>
</listParam>
- <listParam paramNumber="1">
<caption>Smoothing method</caption>
<index>2</index>
<value>Exponential</value>
</listParam>
- <numParam paramNumber="0">
<caption>%K period</caption>
<value>20</value>
</numParam>
- <numParam paramNumber="1">
<caption>Fast %D period</caption>
<value>6</value>
</numParam>
- <numParam paramNumber="2">
<caption>Slow %D period</caption>
<value>5</value>
</numParam>
- <numParam paramNumber="3">
<caption>Level</caption>
<value>20</value>
</numParam>
- <checkParam paramNumber="0">
<caption>Use previous bar value</caption>
<value>True</value>
</checkParam>
</slot>
- <slot slotNumber="2" slotType="Close">
<indicatorName>Bar Closing</indicatorName>
- <listParam paramNumber="0">
<caption>Logic</caption>
<index>0</index>
<value>Exit the market at the end of the bar</value>
</listParam>
- <listParam paramNumber="1">
<caption>Base price</caption>
<index>0</index>
<value>Close</value>
</listParam>
</slot>
</strategy>