by Wayne | Nov 10, 2021 | Trading Strategies
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...
by Wayne | Oct 27, 2021 | Trading Strategies
Pivot points provide a convenient method to identify intraday support and resistance levels. This post will first explain how pivot points are calculated and interpreted. I’ll then use them to program a simple mean reversion strategy for the EURCHF. You can...
by Wayne | Apr 28, 2021 | Trading Strategies
Bollinger Bands are great at predicting upcoming price reversals. Here’s how you can build a countertrend strategy using its ‘free bars!’ The complete strategy can be downloaded in the Free Strategies section. Bollinger Bands are the gift that just...
by Wayne | Jan 12, 2021 | Popular, Trading Strategies
Bollinger Bands are great at detecting overbought and oversold conditions. Let’s use them to develop a countertrend strategy, and then refine our entries using limit entries and candlestick patterns. The complete strategy can be downloaded in the Free Strategies...
by Wayne | Oct 4, 2020 | Strategy Development
With an abundance of technical indicators available, selecting your strategy’s entry conditions can be overwhelming. This post will illustrate a method to graphically compare the profitability of different entries. Entry selection is arguably the most important...
