Trend-following using Stochastic and RSI filters with contrarian trades: 5 and a half years of trading results
Hello!
Satori here with FX research.
Today we deliver “Five and a half years of trading results using a Stochastic and RSI filter for contrarian trades in the trend direction.”
The figure below shows the test results of trading 10,000 units in the opposite direction to the trend using Stochastic and RSI filters over five and a half years.
We used 5-minute charts of USDJPY, EURUSD, and GBPUSD.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/5/d/5d9047ac.gif
For the total across the three currencies with a 10,000 unit trade size over five-and-a-half years, the number of trades is 2936 (about 43 per month), with 2476 wins and 460 losses, for a win rate of 84.3%.
Net profit is 863,809 yen, with a profit factor (total gains / total losses) of 1.4, and the maximum drawdown was 44,475 yen.
The charts below show the indicator for the three currencies set as above, and the currency set included with the separate trading tool EA for three currencies, and the free version chart images.
We are using USDJPY 1-hour chart.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/9/9/99deda09.gif
The included free version signals a buy when Stochastic is 20 or below and RSI is 30 or below; signals a sell when Stochastic is 80 or above and RSI is 70 or above. (For the tool EA version, orders for one position are placed with OCO including stop loss and take profit when the conditions are met.)
To support multiple time frames, in the free version’s initial settings, the buy lines for Stochastic and RSI are drawn for the time frame of the current chart that is open, and the sell lines for Stochastic and RSI are drawn for the next higher time frame of the current chart that is open.
In the free version’s initial settings, the buy signals are more sensitive.
Since we traded an average of 43 times per month across three currencies and the results show an upward trend, the test results are considered sufficient.
The indicators used today are as follows:
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http://fxmt4indicator.abproducts.biz/wp/?p=2805
The free version buys when Stochastic is 20 or below and RSI is 30 or below,
sells when Stochastic is 80 or above and RSI is 70 or above,
the three currencies USDJPY, EURUSD, GBPUSD have a five-year upward trend in the settings and are included with the free version
/////////////////////////////////////////////////////////////////////////////////////////////////sells when Stochastic is 80 or above and RSI is 70 or above,
the three currencies USDJPY, EURUSD, GBPUSD have a five-year upward trend in the settings and are included with the free version
*** Summer Vacation Special Gift Campaign Announcement ***
As a token of appreciation, we will hold a summer vacation special gift campaign!
From August 1, 2018 to August 31, 2018, for one month
Art Brain Products siteto
http://fxmt4indicator.abproducts.biz/wp/
We will present gifts according to the total purchase amount.
Please apply between September 1, 2018 and September 30, 2018.
If your total purchase amount is between 9,800 JPY and 30,000 JPY
Gift items total amount <= your total purchase amount
If your total purchase amount is between 30,000 JPY and 50,000 JPY
Gift items total amount <= 1.5 times your total purchase amount
If your total purchase amount is 50,000 JPY or more
Gift items total amount <= 2 times your total purchase amount
When applying, please email your purchase ID (order number) and the name of the purchased items and their amounts,
desired item numbers, item names, and their amounts.
We will generally ship the items within 3 business days of receiving your application email.
**********************************************************************
As a token of appreciation, we will hold a summer vacation special gift campaign!
From August 1, 2018 to August 31, 2018, for one month
Art Brain Products siteto
http://fxmt4indicator.abproducts.biz/wp/
We will present gifts according to the total purchase amount.
Please apply between September 1, 2018 and September 30, 2018.
If your total purchase amount is between 9,800 JPY and 30,000 JPY
Gift items total amount <= your total purchase amount
If your total purchase amount is between 30,000 JPY and 50,000 JPY
Gift items total amount <= 1.5 times your total purchase amount
If your total purchase amount is 50,000 JPY or more
Gift items total amount <= 2 times your total purchase amount
When applying, please email your purchase ID (order number) and the name of the purchased items and their amounts,
desired item numbers, item names, and their amounts.
We will generally ship the items within 3 business days of receiving your application email.
**********************************************************************
Thank you very much for reading this far today as well.
Now, please stay well and healthy.
Technical Trade Blog Ranking
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Publisher: Art Brain Products
FX Technical Strategy Researcher
Satori Mind
Email: info@abproducts.biz
Blog: Life Style Indicator FX Research:http://fxmt4indicator.blog.jp/
Indicators & Tools & EA:http://fxmt4indicator.abproducts.biz/wp/
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Please trade based on your own judgment and responsibility.
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