Amazing strategy for silver -XAGUSD, XAGEUR etc by SoftKill21
By SoftKill21
Performance Metrics
- Author: SoftKill21
- Symbol: OANDA:XAGUSD
- Timeframe: 1 hour
- Net P&L: +86,403.12 USD (+86.40%)
- Win Rate: 57.0%
- Profit Factor: 1.281
- Max Drawdown: 16,104.25 USD (8.71%)
- Total Trades: 1,409
- Sharpe Ratio: 1.235
Description
Today I bring an amazing strategy that works for 1h time frames for silver.Its made of price actions movement combined together with MACD and simple moving averageIt does not use neither stop loss/take profit levels. Instead it will always exit at the next candle after it opens a trade.The rules are the next one :For short condition : we have a bull candle, and candle is above the moving average, and MACD histogram is > 0 and last high0 and candle close > last high1 and, previus high1 and candle close > last high2 At the same time, viceversa for long condition.In development terms, this is the formulalong1 = (close > open ) and time_cond and close > out and hist > 0 and hist > hist[1] and high > high[1] and high[1] > high[2] and close > high[1] and close > high[2] and close > high[3] short1 = (close for this we apply the short1 condition. If we go short we apply the long1 condition.If you have any questions , please let me know .