Topic: Forex Gap Strategy 85% time win

Hi Traders, I have seen in several places that the gaps strategy is successful, even claiming 85% of the time. I tried to introduce it into FSB but I have not achieved, the logic is very simple and does not need just opening conditions. Have you tried to implement it before someone, you know how?

I leave a link where you see the effectiveness and simplicity of the strategy.

A greeting from Spain.

Re: Forex Gap Strategy 85% time win

It's better to describe the strategy here, put screenshots and eventually backtest it with FSB instead of posting only links.


Here is shown how we can check for gap in FSB. The screen shot is from daily EURUSD data.

Gap Strategy

Re: Forex Gap Strategy 85% time win

I made a Gap custom indicator here: Gap Indicator. It accepts a Minimum Gap parameter. You can try simulating the strategy with it.

Re: Forex Gap Strategy 85% time win

This strategy has good results in all currencies and index, is it right or is faulty?

Market: EURUSD 1 Dia
Spread in pips: 30,00
Swap Long in pips: 2,00
Swap Short in pips: -2,00
Commission per lot at opening and closing in pips: 0,00
Slippage in pips: 0

Maximum open lots: 20,00
Entry lots: 0,01

Intrabar scanning: Not accomplished
Interpolation method: Escenario pesimistico
Ambiguous bars: 0
Tested bars: 5704
Balance: 79 pips (179,26 USD)
Minimum account: -3 pips (96,80 USD)
Maximum drawdown: 21 pips (20,82 USD)
Time in position: 2 %

[Strategy Properties]
     A same direction signal - Does nothing
     An opposite direction signal - Does nothing
     Permanent Stop Loss - 50
     Permanent Take Profit - None
     Break Even - None

[Opening Point of the Position]
     Bar Opening
     Enter the market at the beginning of the bar
     Base price  -  Open

[Opening Logic Condition]
     Day of Week
     [ A ]   Enter the market between the specified days
     From (incl.)  -  Monday
     To (excl.)  -  Tuesday

[Opening Logic Condition]
     [ A ]   Negative gap
     Minimum Gap  -  400

[Closing Point of the Position]
     Week Closing
     Exit the market at the end of the week
     Base price  -  Close