FXCM:EURUSD 4H Algo - GB

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 backtesting report/strategy script here:

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.

Versionsinformation:

Version 1.04

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

Versionsinformation:

Version 1.05

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

Versionsinformation:

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.

Versionsinformation:

Fixed versioning.

Versionsinformation:

Version 1.08

- Updated the Hedge/Add signal algorithm (Multi-Timeframe & faster signals by one or two bars without any added lag)
- Updated the rest of the code.

Versionsinformation:

• Default settings update.
  

- Default Timeframe for MTF Hedge/Add signals is 720 minutes now. (12 hours)