TFS: Volume Oscillator Backtest — Strategy by HPotter
By HPotter
Performance Metrics
- Author: HPotter
- Symbol: CME_MINI:ES1!
- Timeframe: 1 hour
- Net P&L: +26,662.50 USD (+26.47%)
- Win Rate: 61.1%
- Profit Factor: 1.349
- Max Drawdown: 9,687.50 USD (9.16%)
- Total Trades: 262
- Sharpe Ratio: 0.278
Description
This is the second part of TFS trading strategy. The concept of this indicator is similar to that of On-Balance Volume indicator (OBV). It is calculated according to these rules: If Close > Open, Volume is positive If Close < Open, Volume is negative If Close = Open, Volume is neutral Then you take the 7-day MA of the results. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.