RSI (ver. 99) Running

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The strategy is based on identifying overbought and/or oversold moments for the market entry. To do this, momentum indicators like RSI . At the same time, it is verified that the market in the long and medium term has a compatible trend with the entry type (BUY/SELL), for this purpose different moving averages are used with varying timeframes (5 minutes, 1 hours ). The strategy is multi-instrument, this version is using the EURCAD CADCHF CADJPY GBPCAD in the second strategy, see below), but future versions could use more & different pairs. The strategy uses money management to determine the trade volume, but allows the entry of a fixed volume thus disabling money management. The strategy is selective in terms of the time to trade.This version includes a first strategy inside the strategy, it is a trend strategy on the ANY (4) pair and uses Moving average (five mints ), If price RSI 14 indicators Higher RSI 54 then sell of any four Pair If RSI 14 indicatore go to lower RSI 45 then buy order any 4 pair to trade following the trend.The next version includes a second strategy inside the main strategy, it is a trend strategy on the ANY (4) pair and uses Moving average (H1), If price RSI 14 indicators Higher RSI 72 then sell of any four Pair If RSI 14 indicatore go to lower RSI 36 then buy order any 4 pair to trade following the trend, strategy is based in RSI measuring overbought and oversold levelsit trade only when the main strategy does not trade, is symmetric of course, but is very strict and could do very little or even no trades during the month, the SL:TP ratio of this strategy is 4.5 Finally, the strategy also uses a martingale to try to recover from a loss. The Stop Loss 00 no limit set: Take Profit ratio of the main strategy is 10 pip except if the martingale is used. The strategy was designed exclusively for the Dukascopy Strategy Contest in July 2019, so will not work correctly in a different period. https://www.dukascopy.com/fxcomm/blog/?action=post-show&post_id=219467

Cumulative Profit/Loss dynamics

Selected period: 01.11.2024 - 30.11.2024

Full Stats

Standings (points): 98 (147)
Performance, $ (points): 21,36K$ (103)
Drawdown, % (points): 81.28% (9)
Bonuses: 35
Average Profit Trade: 1,90K$
Average Loss Trade: -49418.92$
Profit factor: 0,00K
Number of trades: 14
Traded volume: 120,60M$
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