jiehonglim

No Nonsense NNFX VP Strategy for Back Testing Indicators| jh

After putting the whole system together, sat down to benchmark the various confirmation indicators, shrink it down to backtest individual confirmation indicators.

Results for 24 periods way better than 10, then again it's only one pair. :)

More details below.

//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//Designed per No Nonsense Forex VP rules
//For testing your individual indicators before the full system
//Originated from causecelebre
//Tried to put in as much VP rules as possible

///////////////////////////////////////////////////
//Rules Implemented:
///////////////////////////////////////////////////
// - SL 1.5 x ATR
// - TP 1 x ATR
//
// - Entry conditions
//// - Entry from 1 x confirmation
// - Exit conditions
//// - Exit on confirmation flip

///////////////////////////////////////////////////
//Trades entries
///////////////////////////////////////////////////
// - First entry L1 or S1 with standard SL and TP

///////////////////////////////////////////////////
//Included Indicators and settings
///////////////////////////////////////////////////
// - Confirmtion = SSL 10

///////////////////////////////////////////////////
//Credits
// Strategy causecelebre https://www.tradingview.com/u/causeceleb...
// SSL Channel ErwinBeckers https://www.tradingview.com/u/ErwinBecke...
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//Change log
//First release. Testing of indicators
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
Jul 13
Versionshinweise: Rename confirmation statements
Re-order strategy block
Aug 05
Versionshinweise: Updated to version 4.
Most important change, ATR is correctly assigned upon confirmation signal.
Aug 05
Versionshinweise: Uploaded the corrected script.
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Tip Jar :)

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Hey VP, thanks so much for this strategy!! this strategy is showing some wins where they should be losses, SSL 5 setting, heiken ashi candles, pair USD JPY, between Oct 2019 and Nov 14, about 3 loss in a row there. Even if a new signal came on the end result would be in the negative. Not sure if its because of the heiken ashi candles.

Much love and respect, thanks for helping me to improve my trading! Still trying to find a good volume indi, WADDA ATAR seem to be best so far but doesnt filter out enough losses.
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