Walkerz — Strategy by harismunandartwd
By harismunandartwd
Performance Metrics
- Author: harismunandartwd
Description
The Walkerz Strategy is an algorithmic trading system based on Price Action and momentum, specifically designed for high-volatility instruments like XAUUSD and BTCUSD. This strategy focuses on detecting key level breakouts combined with a multi-layered trend confirmation filter to minimize false signals and fake-outs.Underlying Concepts & How It WorksMulti-Timeframe (MTF) Approach: The strategy relies heavily on dual time frame analysis. Traders are expected to use a Higher Time Frame (HTF), such as H1, H4, or Daily, to map out the primary trend and identify solid structural Resistance (A) and Support (B) levels. The script is then applied to a Lower Time Frame (LTF), such as M1, M5, or M15, to detect the actual breakout from those predefined HTF levels.Fair Value Gap (FVG) Confirmation: A simple breakout is not enough. Once the price breaks the HTF resistance/support, the script waits for a valid Fair Value Gap (Bullish FVG for long, Bearish FVG for short) to form before executing the entry.Momentum Filter (ADX): To avoid trading in choppy conditions, the Average Directional Index (ADX) is used as a filter. Trades are only validated if the trend is strong enough or if the market conditions align perfectly with the breakout direction.Dynamic Risk Management & Backtest PropertiesTo comply with realistic trading expectations and avoid misleading results, the default backtest properties are configured as follows:Initial Capital: $25,000.Risk Per Trade: Fixed at $200 per trade. This represents only a 0.8% risk of the initial equity, ensuring sustainable scaling and adhering to the standard 1-2% maximum risk rule.Lot Size: Calculated dynamically based on the distance between the entry price and the Stop Loss to ensure the maximum loss never exceeds the defined $200.Commission & Slippage: Set to $1 cash per order with a 2-tick slippage to simulate realistic live market executions.Take Profit: Calculated dynamically using Fibonacci extension zones from the breakout range.