I have started to dip my tows in calgo
I've managed to make a fairly simple forex setup over the last week or so
Its a simple ema cross with an RSI and Stochastics and trailing stops
My goal is to eventually emulate my actual swing trading (minus the speculating)
anyway...
I am curious about what a good results should look like when back testing?
I'm sitting at about a 4:1 profit ratio with a max drawdown of 0.2- 0.3%
profit ends up being about 6-8% per year
hopefully it improves once i can learn to define support and resistance areas
------------------------------>>>>an answer to support und resistance lines...........................
and my first lines in this forum
the chart below is of CFD GER Index (60 min) datafeed shows switching resist + supp. areas.
The used indicators signals turns-arounds used for trading and switches on easy indictors.
The following indicators are used:
1. Indicator StochDay ->Stochastik(10,7,4) switch signals while crossing 80 falling (short) und 30 rising (long) (blue)
2. switch signal (1.) valid if EMA(9) falling or rising too
3. Indicator Stau = EMA(9) - SMA(35) shows trending
4 the red doted lines in indicator Stau signals go -> long or short
The script is open source running on Ninja and AgenaTrader platform.
I hope this is a start for script improvments and trading system adaptation.
For Ninja a zip file is available and for AgenaTrader the c-sharp code is available.
