Trading The Loonie (CADUSD) — Strategy by sherwind
By sherwind
Performance Metrics
- Author: sherwind
- Symbol: FX_IDC:CADUSD
- Timeframe: 1 day
- Net P&L: +9,469.40 USD (+1.89%)
- Win Rate: 60.5%
- Profit Factor: 1.973
- Max Drawdown: 3,390.21 USD (0.66%)
- Total Trades: 190
- Sharpe Ratio: −4.504
Description
A port of the trading strategy described at technical.traders.com/content/TTlink.asp?mo=12&yr=2015"In “Trading The Loonie,” which appeared in the December 2015 issue of STOCKS & COMMODITIES, author Markos Katsanosexplains the heavy correlation between the Canadian dollar and crude oil. He then goes on to describe how one couldtrade this correlation. Using similar logic as that employed in Bollinger Bands, Katsanos has built a study to provide buy and sell signals for trading the Canadian dollar future."See Also: - Backtesting and forwardtesting (of TradingView Strategies) <tradingview.com/wiki/Strategies - 9 Mistakes Quants Make that Cause Backtests to Lie (blog.quantopian.com/9-mistakes-quants-make-that-cause-backtests-to-lie-by-tucker-balch-ph-d/) - When Backtests Meet Reality (financial-hacker.com/Backtest.pdf) - Why MT4 backtesting does not work (stevehopwoodforex.com/phpBB3/viewtopic.php?f=28&t=4020)