LANZ Strategy 3.0 [Backtest] by rau_u_lanz
By rau_u_lanz
Performance Metrics
- Author: rau_u_lanz
- Symbol: OANDA:USDCAD
- Timeframe: 15 minutes
- Net P&L: +3.20 CAD (+0.00%)
- Win Rate: 39.5%
- Profit Factor: 1.428
- Max Drawdown: 2.01 CAD (0.00%)
- Total Trades: 86
- Sharpe Ratio: −1,061.247
Description
🔷 LANZ Strategy 3.0 [Backtest] — Asian Range Fibonacci Scalping StrategyLANZ Strategy 3.0 [Backtest] is a precision-engineered backtesting tool tailored for intraday traders who rely on the Asian session range to determine directional bias. This strategy implements dynamic Fibonacci projections and strict time-window validation to simulate a clean and disciplined trading environment.🧠 Core Components:Asian Range Bias Definition: Direction is established between 01:15–02:15 a.m. NY time based on the candle’s close in relation to the midpoint of the Asian session range (18:00–01:15 NY).Limit Order Execution: Only one trade is placed daily, using a limit order at the Asian range high (for sells) or low (for buys), between 01:15–08:00 a.m. NY.Fibonacci-Based TP/SL:Original Mode: TP = 2.25x range, SL = 0.75x range.Optimized Mode: TP = 1.95x range, SL = 0.65x range.No Trade After 08:00 NY: If the limit order is not executed before 08:00 a.m. NY, it is canceled.Fallback Logic at 02:15 NY: If the market direction misaligns with the setup at 02:15 a.m., the system re-evaluates and can re-issue the order.End-of-Day Closure: All positions are closed at 15:45 NY if still open.📊 Backtest-Ready Design:Entries and exits are executed using strategy.entry() and strategy.exit() functions.Position size is fixed via capital risk allocation ($100 per trade by default).Only one position can be active at a time, ensuring controlled risk.📝 Notes:This strategy is ideal for assets sensitive to the Asian/London session overlap, such as Forex pairs and indices.Easily switch between Fibonacci versions using a single dropdown input.Fully deterministic: all entries are based on pre-defined conditions and time constraints.👤 Credits:Strategy developed by rau_u_lanz using Pine Script v6. Built for traders who favor clean sessions, directional clarity, and consistent execution using time-based logic and Fibonacci projections.