Advanced OutSide with HMA and Klinger Forex Swing strategy by exlux
By exlux
Performance Metrics
- Author: exlux
- Symbol: FX:EURUSD
- Timeframe: 4 hours
- Net P&L: +88,557.31 USD (+88.40%)
- Win Rate: 58.5%
- Profit Factor: 1.225
- Max Drawdown: 15,414.26 USD (12.01%)
- Total Trades: 927
- Sharpe Ratio: 0.137
Description
This is a swing forex strategy, adapted for big timeframes, such as 4h+.For this example I adapted the strategy to EUR USD main forex pair.Its components are:Outside conditionKlinger OscillatorHull moving averageRules for entryFor long: if current high is bigger than previous high and current is smaller than previous low and klinger is positive, close of the candle is above lsma and we have a bull candle.For short: if current high is smaller than previous high and current is bigger than previous low and klinger is negative, close of the candle is below lsma and we have a bear candle.Rules for exitWe exit when we have a reverse conditionWe exit in case we hit the tp/sl based on % movement of the price.If you have any questions, let me know !