by Wayne | Nov 5, 2021 | Trading Strategies
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...
by Wayne | Oct 18, 2021 | Trading Strategies
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...
by Wayne | Oct 4, 2021 | Strategy Development
The Edge Ratio helps you compare entry signals by measuring the open profits and losses they generate. This post will cover: Maximum favourable excursion and maximum adverse excursion Edge Ratio calculations Quantifying entry profitability with the Edge Ratio Benefits...
by Wayne | Sep 13, 2021 | Trading Strategies
The Bollinger Bands squeeze is a common signal of an upcoming breakout. In this post, I’ll introduce the Bollinger Bands Width Ratio indicator, and use it to program a breakout strategy for the AUDJPY. You can download the complete strategy in the Free...
by Wayne | Sep 2, 2021 | Trading Strategies
The Schaff Trend Cycle (STC) is the perfect tool for traders hoping to capture price swings within a long-term trend. In this post, I’ll cover the following aspects of the STC: Calculation and Interpretation Comparisons vs. the MACD and Stochastic Limitations...
