Topic: Strategy using trading time and steady bands

Hi all,

My goal while desiging this strategy is to generate a system that has a win/loss ratio that is over 0.50, works with some kind of stop loss and would work in a short time frame.

Strategy is based on entry time and three additive conditions. Key is that the market is only volatile enough during specific market hours and will give during those hours a statistic advantage. The optimizer and generator did some work as well.

I tested this strategy two days on my Alpari test account, it made a few bucks. Feel free to backtest this strategy on your own system, and I welcome everyone to share their improvements.

I attached the strategy and a screenshot.

Regards,

tieme222

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StdyBandsGBPUSDWT_15min.xml 6.68 kb, 32 downloads since 2011-05-22 

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Re: Strategy using trading time and steady bands

tieme222 wrote:

I tested this strategy two days on my Alpari test account, it made a few bucks. Feel free to backtest this strategy on your own system, and I welcome everyone to share their improvements.

Two days is not enough. Forward testing should last 3-4 months to be certain about the strategy.