Not much, but it has low DD and survived 19 years backtested
This is my second set after years of learning and studying CP,
I'm experimenting, with Mean Reversal and Follow Up Trend,
to search which is the best and suitable for the :
- pair (which pair is good for both of system)
- volatility (tendency of trend)
- durability to handle the anomaly it it is happened
And i choose kind of hybrid,
The main concept is to Follow Up Trend with Brake.
Follow up Trend :
Small Time Frame to trigger combine with Higher Time Frame for Trend.
Trigger :
RSI (Set in Open on Collective Signal (neutral signals accepted)).
Identity Trend (Set in Open on Collective Signal).
WPR in Higher Time Frame (Set in Open on Collective Signal (neutral signals accepted))
2 MACD to filter the first open
The Brake:
With the 'Brake' using
Fibo (Set with Open on Collective Signal (neutral signals accepted))
Smooth RSI (set it with Open on Collective Signal (neutral signals accepted))
Both on the Higher Time Frame, to prevent CP to open more on the probable end of trend, and to look for the Reversal.
The Layering:
MACD on Higher Time Frame Open on Collective Signal (neutral signals accepted))
MA Buy Below MA on H1 (Set to Open on Collective Signal (neutral signals accepted)).
I choose AUDCAD, because from every pair that i've tried and backtested, AUDCAD is good for both system (Mean Reversal and or Follow Up Trend).
I've already tried this set with another pair but the volatility, trend tendency and strenght, and anomaly i still can not found the right performance that i satisfied, but please feel free to tune it with another pair.
If you'd have any question feel free to DM me in telegram.
Maybe it is not suit for everybody, who wish the high performance and fast profit,
As I mention before,
It is not much, but it has Low DD and survived 19 years backtested (20070601-20260401).
N.B: I use FBS for this backtest because this broker have the longest historical data of AUDCAD compared to other broker that i used, such Exn***, Vant***, etc.
I used CP 3.02 for MT5 (for MT4 user maybe could convert it using Mr. Ulises Cune Converting Tool),
unfortunately this set can not work in newest version v3.2.3.
For Mr. Andrey, if it is possible, would you please bring back the option, 'Open on Collective Signal (neutral signals accepted)'.
Thank you in advance sir.
I'm so sorry for my english.
Custom Indicator:
Smoothed_RSI.ex5
SetFile:
Backtest Using FBS :
Great set file. Thanks a lot. Which timeframe is in the backtest?