Hull Moving average Forex Factory

Feedback on Trading System

I built a forex trading strategy recently for a friend, and wanted to share it / get some feedback on it, as most of the systems I build trade stocks and are more fundamental/macro based!
The system was inspired by this forexfactory post: https://www.forexfactory.com/showthread.php?t=343533 but I've made a few changes.
The Filter:
I didn't like the proposed TMA slope indicator as the calculation and cutoff values seemed too arbitrary to me, so I take the 5 bar ROC of an EMA and smooth it. I divide this value by its standard deviation to scale it for higher timeframe analysis. I take the value of this adjustedSlope at the 4H, 1D, 1W timeframes, and sumproduct them with weights of 40%, 30%, 30% to give a little more strength to recent movements. I call this the overallSlope (for future reference).
I describe the the market regime under these rules:
(overallSlope > overallSlope[1] and overallSlope > 0) = bullish
(overallSlope < overallSlope[1] and overallSlope < 0) = bearish
(overallSlope > overallSlope[1] and overallSlope < 0) = neutral
(overallSlope < overallSlope[1] and overallSlope > 0) = neutral
Just like the system from ForexFactory, only long trades can be taken if its bullish, only short trades can be taken if its bearish, and either trade can be taken if its neutral.
The Setup:
I believe this portion is identical to the original stated system. Take the 50 bar Triangular Moving Average on the 4H timeframe, where the UpperBand is TMA + (2.5 * H4ATR) and the LowerBand is TMA - (2.5 * H4ATR).
If the market regime is bullish/neutral and the price has traded below the Lower Band then we're setting up for a buy and vice versa with a bearish/neutral market regime and price trading above the Upper Band.
I'm considering switching this to Median Absolute Deviation Bands as I like using the modified Z Score but I'm unsure of applying it directly to a price series instead of indirectly through an indicator or factor, I assume the median isn't very effective due to the actual series drifting, where as its (more) static when applied to Earnings Yield or something.
The Trigger:
For the trigger I'm on the 1H TimeFrame using the MACD histogram crossing 0, but the MACD is based on the Jurik Moving Average instead of the standard. A couple years ago when I first started getting into programming and playing forex, the JMA was something I stumbled on and wrote up and I really like it, it's very effective and smoothing a series, allowing the use of shorter lookback values without the MA being too "jittery".
Exits:
On the losing side, at open a stop loss is placed at (2 * H4ATR) below(above) the low(high) if we're going Long(Short). I'm currently split between two exits on the profit side. Right now my current exit criteria for a hypothetical long position is a bearish MACD Histogram crossover while we are above the TMA (the "midline"). The other strategy I'm considering is half off at the midline and the other half off at the Upper Band, but I think this isn't great because it can reverse and hit the stop effectively nulling the trade.
Risk Management:
For the risk management of the system I'm using position sizes standardized to risk 3% of the account on each trade by calculating how far away the stop is, and scaling the # of units until $risk = AccVal * .03.
Additional Comments:
As of right now I only have it fully coded on TradingView and I've made sure to use open prices for everything to avoid? (not sure if this completely handles this issue, please let me know) lookahead bias and I'm in the process of translating my code into my backtesting system but a lot of what I've built is equity related so I have some work to do to get it running right for forex. In TradingView I have it plot the Entry, Stop, and two targets, and the background shifts based on if it's long/short/flat. https://imgur.com/a/A1UQi04

I look forward to any thoughts or comments y'all may have, thanks for reading!
submitted by ilovemygirlfriend69 to Forex [link] [comments]

What Is The Best Moving Average For Forex Trading? - YouTube Forex Trading With Average Daily Range And Median Price ... Forex Trends: How to Know When to Buy/Sell a Pair!? - YouTube HOW TO GROW $100 TO $2,000 IN 3 DAYS TRADING FOREX IN 2020 ... The Easiest Forex STRATEGY! You must watch! 🙄 - YouTube T3 Basic Setup Tutorial Multiple moving averages (EMA) - Profitable Forex strategy The ONLY Forex Trading Video You Will EVER Need - YouTube HOW TO USE MOVING AVERAGE IN FOREX FOREX  WHEN TO ENTER AND EXIT A TRADE  90% ACCURATE ...

Moving averages are very powerful tools if you know how to use them as leading indicators rather than lagging indicators. I agree that all those crossover methods and using moving averages with fixed periods for all conditions are not effective if not totally useless. You should know every time which period is effective in the market and then find creative methods to use them. Also, I think it's especially important to use moving average settings that fit in well with one's understanding of and style of trading. Thank you again for the indicator's settings' flexibility to enable us to customize this indicator. Just 1 question: the thread says this indicator expires in Dec 2020. Will we still be able to continue using the indicator that was downloaded before then ... The main difference between the median Renko bars and traditional Renko bars is based on the fact that the midpoint of price is used as a reversal rather than price moving ‘x’ pips from the previous closing Renko brick. This template is to share an indicator median renko free very easy to configure. Currency pairs:any. Box Size 10. Hi guys, been a lurker for a while and thought I'd help out and provide a single place where folks can find and talk about the many different sorts of moving averages that exist and find one that suits them best. I remember when I was starting out and I would land on different threads and forums looking for MTF function for this, a colored slope for that or even a low down on types of moving ... I don't know formulating the indicator.. I think it will be "just" the same like Nonlag MA custom indicator for MT4, the difference only, in huill moving average indicator for VTtrader, the moving average can be adjusted as weighted, simple, triangle, etc, moving average. // MA_Method= 0: SMA - Simple Moving Average // MA_Method= 1: EMA - Exponential Moving Average // MA_Method= 2: Wilder - Wilder Exponential Moving Average // MA_Method= 3: LWMA - Linear Weighted Moving Average // MA_Method= 4: SineWMA - Sine Weighted Moving Average // MA_Method= 5: TriMA - Triangular Moving Average // MA_Method= 6: LSMA - Least Square Moving Average (or EPMA, Linear Regression ... Variant of Moving Average indicator Calculating formula Comment; Simple Moving Average (SMA) n is a number of unit periods (for example, if n=6 at a chart with the timeframe of M15, the indicator will be calculated for the preceding 1.5 hours); PRICE is the current price value, the following variants may be selected in indicator settings: high, low, open, close, median price ((high+Low)/2 ...

[index] [21496] [21504] [23980] [1574] [25504] [16820] [28496] [1285] [22778] [13850]

What Is The Best Moving Average For Forex Trading? - YouTube

No Nonsense Forex 42,127 views. 18:52. BEST MOVING AVERAGES: This Is What Professionals Use (For Forex & Stock Trading) - Duration: 8:27. The Secret Mindset 480,390 views. 8:27. Futures Technical ... Hello everyone! I’m back with another video!! The question I get asked the most is “how do you know to buy and sell a currency” well this is just part 1 of h... #DailyPipTalk #LondonBreakoutTrading #ForexTradingTips Forex Trading With Average Daily Range And Median Price Levels Pt 2 We can use the average daily range... Forex Trade With Us http://bit.ly/2EYIbgIEmail: [email protected] I use https://bit.ly/35kgYkcP.S MY INSTAGRAM IS GONE NOW SO IF SOMEBODY WRITES ... Click Here To Start Trading With Hugosway 👇https://www.hugosway.com/?cmp=3l0g1x2i&refid=2380 SUBSCRIBE FOR MORE VIDEOS LIKE THIS. ️https://www.youtube.com/c... The ONLY Forex Trading Video You Will EVER NeedTHIS QUICK TEST WILL HELP YOU BECOME FINANCIALLY FREETake it HERE: https://discover.tiersoffreedom.comTo join my ... Trade forex with profit using multiple moving averages both for trend identification and entry timing. Works flawlessly in trending market. It is also able to withstand choppy conditions of ... The 4 forex strategies that every trader should know ! 🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fundamental Trading Academy https://w... Free premium courses and free masterclass (terms and conditions apply): https://www.tradeciety.com/cashback/ Free 4-day online strategy bootcamp: https:/... forex strategy factory. Loading... Unsubscribe from forex strategy factory? ... How To Use A Moving Average Crossover To Buy Stocks Swing Trading Strategy - Duration: 10:26. The Secret Mindset ...

https://arab-binary-option.pamsofori.tk