FXCM:EURUSD 4H Algo - GB | Strategy

Optimized for FXCM:EURUSD on 4H Candlestick charts using the historical price data from FXCM during the period March 1st 2019 - June 1st 2019. Find the indicator script here:

* The strategy script has an Open PnL of ~$30000 at the time of writing, 30% in Open Net Profit.

The script is written in PineScript V.3, makes no use of the security() function and does not use the Trailing Stop-Loss function from TradingView. No repainting issue whatsoever.

Versionsinformation:

Optimized the filters & the settings of the algo using price data from FXCM:EURUSD 1/4/2019 - 1/7/2019.

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Version 1.04

Re-optimized the settings/filters using the FXCM:EURUSD price history of May, June, July.

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Version 1.05

- Re-optimized its settings/filters using historical price data from 01/06/2019 - 06/09/2019 for live trading in September.

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Version 1.06

- Updated algorithm.
- Added volatility calibrated Hegde/Add signals + alerts. The sensitivity of the signals can be determined by the user.
- Cleaned the codebase by removing old/unused code.

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- Synced study/strategy threshold values.

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- Strategy reports Signal to Signal results. (Not applicable to live trading | Hedge/Add signals must be taken into consideration as well)

Versionsinformation:

- Latest version.