Forex Weekend Gaps: Can You Exploit Them?

Forex Weekend Gaps: Can You Exploit Them?

With the forex markets trading 24 hours a day, price gaps are relatively uncommon. Does the occasional weekend gap contain a statistical edge? Let’s find out by backtesting the EURJPY’s gaps over the past 18 years! The strategy programmed below can be...
Dynamic Position Sizing: Is It Time to Go Big?

Dynamic Position Sizing: Is It Time to Go Big?

Not all entries are created equal. Can we identify higher probability entries, and apply larger position sizing to them? Here I’ll attempt to augment a GBPJPY trend following strategy with dynamic position sizing, and backtest its performance over 18 years.  I...
Money Flow Index: An Improved RSI?

Money Flow Index: An Improved RSI?

The Money Flow Index (MFI) is another momentum oscillator that MT4 provides by default. With a similar calculation as the RSI, can it offer the same level of performance? This post will cover: MFI calculations How to use the MFI Trend following using the MFI Tweaking...
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Make your money work for you!

 

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