M15 v2 — Strategy by neediness999
By neediness999
Performance Metrics
- Author: neediness999
- Symbol: OANDA:EURUSD
- Timeframe: 15 minutes
- Net P&L: +132.31 USD (+44.10%)
- Win Rate: 45.8%
- Profit Factor: 2.213
- Max Drawdown: 27.79 USD (8.43%)
- Total Trades: 48
Description
EURUSD 300$ Sniper is a quantitative mean-reversion strategy on the EURUSD pair, with an emphasis on lower timeframes (15m or 30m). High Liquidity Entry points are precise using volatility envelopes and trend following filters. The strategy is based on Trend-Confirmed Mean Reversion, meaning it goes long when the 200 period EMA is above and short when it is below. Bollinger Bands (20, 2) are great for spotting extended price moves and the RSI (14) filter prevents entries on harsh sell offs. The strategy has been optimized for IST trading hours (11:30 - 22:00) to take advantage of the London/New York overlap and avoid the low-activity Asian sessions. The main features are dynamic breakeven, a one-trade daily limit and an end-of-day exit to avoid overnight risks.Disclaimer:"Past performance does not guarantee future results."