VFI strategy [based on VFI indicator published by UTS] by eemani123
By eemani123
Performance Metrics
- Author: eemani123
- Symbol: AMEX:SPY
- Timeframe: 1 hour
- Net P&L: +133.69 USD (+1.34%)
- Win Rate: 91.4%
- Profit Factor: 2.214
- Max Drawdown: 53.85 USD (0.53%)
- Total Trades: 58
- Sharpe Ratio: −1.047
Description
This strategy is based on VFI indicator published by UTS. for the strategy purpose , I have added buy line and sell line to the indicator and tested SPY stock/index on one hour chartBUY RULE==========1. EMA 50 is above EMA 2002. vfi line is pulled down and crossing above -4 EXIT RULE==========1. when vfi line crossing down 5STOP LOSS=========1. default stop loss is set to 5%ALL the above values (Buy Line , Sell line and Stop Loss ) can be modified in settings windowNotes :more details of VFI indicator can be found at mkatsanos.com/volume-flow-vfi-indicator/ and precisiontradingsystems.com/volume-flow.htmWarning:for educational purposes only