[STRATEGY][UL]Price Divergence Strategy v1.0 by JustUncleL
By JustUncleL
Performance Metrics
- Author: JustUncleL
- Symbol: FX:EURJPY
- Timeframe: 1 hour
- Net P&L: +256.02 USD (+2.56%)
- Win Rate: 82.3%
- Profit Factor: 1.801
- Max Drawdown: 18.00 USD (0.18%)
- Total Trades: 459
- Sharpe Ratio: −1.417
Description
Oct 22, 2016Created by Request: This is a trend trading strategy that uses Price Divergence detection signals that are confirmed by the "Murrey's Math Oscillator" (Donchanin Channel based).Strategy Code Based on:[RS]Price Divergence Detector V2 by RicardoSantosUCS_Murrey's Math Oscillator by UcsgearsStrategy Risk Management Based on:Strategy Code Example by JayRogersInformation on Divergence Trading: - babypips.com/school/high-school/trading-divergences*** USE AT YOUR OWN RISK ***Aug 21, 2021Release NotesConverted to Pinescript v4