Exits added using trailing stops.
2.6 Profit Factor and 76% Profitable on SPY , 5M - I think it's a pretty good number for an automated strategy that uses Pivots. I don't think it's possible to add volume and day open price in relation to pivot levels -- that's what I do manually ..
Still trying to add EMA for exits.. it will increase profitability. You can...
Highest / Highest High Highest (Data) - HHV (Data, Period)
Lowest / Lowest Low Lowest (Data) LLV (Data, Period)
These functions calculate the highest / lowest value of a selected data.
Highest High and Lowest Low options are mostly used.
The Highest function calculates the highest value of the selected data in the past.
The Lowest function calculates the lowest...
My strategy uses a combination of three indicators MACD Stochastic RSI .
The Idea is to buy when ( MACD > Signal and RSI > 50 and Stochastic > 50) occures at the same time the BUY STop we place on previous day HIGH
We exit on Take profit or Stop loss which is calculated by ATR (10) or on the opposite signal "Volatility breakout"
This strategy works well on...
