Non martingale trend following

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  • updated
  • Planned (collecting votes)

Found the idea for discuss.

To avoid the martingale we need to enter, when the market trend begins and exit when it ends.

The idea is to determine trend with the help of Parabolic SAR (trend filter) - new

RSI filter - the price is not ovet bought or oversold (between min and max levels) (RSI, Stoch etc) Long the RSI below Y, Short - RSI is above Z

The filter is ADX - enter only if it is above the X level. Determine the growth of the trend (strength filter) - new

Open position on the start of new candle:

Long if

- price above Parabolic

- RSI below Y

- ADX is above X

Short if

- price below Parabolic

- RSI above Z

- ADX is above X

SL - is a value of SAR - new

Close the deal if any of open conditions are false.

It looks like this:

Image 72

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jody lloyd

I like your thinking behind this :) 

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Andrey Khatimlianskyi
  • Under review
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Andrey Khatimlianskyi
  • Planned (collecting votes)

So, we need Parabolic and ADX filters to make it live.

I don't like both of them ;) But let community to vote.