No Nonsense NNFX VP Strategy for Back Testing | jh

6 Jul 2019

My first script, be kind :)

Most of the rules are implemented:
- Money management
- ATR, Baseline, Confirmation, Volume, Exit

More details below.

//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//Designed per No Nonsense Forex VP rules
//Made to be as modular as possible, so we can swap the indicators in and out.
//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 within 1 candles of baseline + 1 x confirmation + volume
//// - Entry only if baseline is < 1 x ATR
// - Exit conditions
//// - Exit on exit indicator or when baseline or confirmation flip

///////////////////////////////////////////////////
//Trades entries
///////////////////////////////////////////////////
// - First entry L1 or S1 with standard SL and TP
// - Second entry L2 or S2 with standard SL and exit upon the exit conditions

///////////////////////////////////////////////////
//Included Indicators and settings
///////////////////////////////////////////////////
// - Baseline = HMA 20
// - Confirmtion = SSL 10
// - Volume = TDFI 4
// - Exit = RVI 4

///////////////////////////////////////////////////
//Credits
// Strategy causecelebre
// TDFI causecelebre
// SSL Channel ErwinBeckers
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

7 Jul 2019

Nota Keluaran

Re-adjusted the logic to handle the 1 candle rule.

8 Jul 2019

Nota Keluaran

Added 2nd confirmation, Absolute Strength MTR Indicator.

Included indicators are just possible examples.

Obviously more testing and patience needed to get the right combination of indicators and settings :)

11 Jul 2019

Nota Keluaran

Changed to 0.1 lots per trade, this 400 USD or 2% of equity is not working out for me.

strategy.entry to strategy.order. Apparently strategy.entry is going to double the trade size as it takes it the other way.

Trade signal based on confirmation 2 (ASH).

5 Ogo 2019

Nota Keluaran

Updated to version 4.
Added a label at the end explaining the various shapes plotted.
Most important change, ATR is correctly assigned upon confirmation signal.

5 Ogo 2019

Nota Keluaran

Uploaded the corrected script.