GBPNZD ROC RF count strategy by forexpirate
By forexpirate
Performance Metrics
- Author: forexpirate
- Symbol: FX:GBPNZD
- Timeframe: 1 hour
- Net P&L: +96.97 USD (0.00%)
- Win Rate: 47.0%
- Profit Factor: 1.276
- Max Drawdown: 98.89 USD
- Total Trades: 366
Description
Code takes six pairs that are highly correlated to GBPNZD and determines if their ROC's are increasing or decreasing. If a pair has an increasing ROC it is given a 1, if decreasing a -1. The numbers are all added up (this is similar to a count for counting cards in blackjack). If the count goes positive the strategy enters a long position, if negative a short position.Code is tuned for GBPNZD for 1HR chart. Returns $97 on an initial balance of $100 (if I am reading Tradingview Tester correctly)*** Should work for GBPJPY, its has the same correlated pairsComments welcomed