No Nonsense NNFX VP Strategy for Back Testing Indicators| jh by jiehonglim
By causecelebre
Performance Metrics
- Author: causecelebre
- Symbol: FX:EURUSD
- Timeframe: 1 day
- Net P&L: +270.70 USD (+1.35%)
- Win Rate: 58.1%
- Profit Factor: 1.023
- Max Drawdown: 1,793.00 USD (8.30%)
- Total Trades: 198
- Sharpe Ratio: −0.198
Description
Jul 11, 2019After putting the whole system together, sat down to benchmark the various confirmation indicators, shrink it down to backtest individual confirmation indicators.Results for 24 periods way better than 10, then again it's only one pair. :)More details below.////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////Designed per No Nonsense Forex VP rules//For testing your individual indicators before the full system//Originated from causecelebre//Tried to put in as much VP rules as possible/////////////////////////////////////////////////////Rules Implemented:///////////////////////////////////////////////////// - SL 1.5 x ATR// - TP 1 x ATR//// - Entry conditions//// - Entry from 1 x confirmation// - Exit conditions//// - Exit on confirmation flip /////////////////////////////////////////////////////Trades entries///////////////////////////////////////////////////// - First entry L1 or S1 with standard SL and TP/////////////////////////////////////////////////////Included Indicators and settings///////////////////////////////////////////////////// - Confirmtion = SSL 10/////////////////////////////////////////////////////Credits// Strategy causecelebre tradingview.com/u/causecelebre/// SSL Channel ErwinBeckers tradingview.com/u/ErwinBeckers/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////Change log//First release. Testing of indicators//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////Jul 13, 2019Release NotesRename confirmation statementsRe-order strategy blockAug 5, 2019Release NotesUpdated to version 4. Most important change, ATR is correctly assigned upon confirmation signal.Aug 5, 2019Release NotesUploaded the corrected script.