3-Bar System by Larry Williams: from ProRealtime to EasyLanguage

Discussion in 'Strategy Building' started by Shax, Mar 28, 2020.

  1. Shax

    Shax

    All of you...

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    #11     Apr 10, 2020
    Daniel.a likes this.
  2. Shax

    Shax

    Happy Easter

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    #12     Apr 12, 2020
    Axon likes this.
  3. Shax

    Shax

    For TradingGuy: you have a PM.
     
    #13     Apr 16, 2020
  4. Hello Shax, thanks for sharing the code!
    Have you tested the result yet? I am still wondering if these kind of simple strategies (related to OHLC, MA, RSI etc) are still profitable in most markets.
     
    #14     Apr 29, 2020
  5. Shax

    Shax

    Hi,

    I tested the strategy only in the Italian Future (Ftse Mib Index Future: multiday), and the results are a bit...disappointing, is not valid.
    The strategy, however, refers to an intraday technique by Larry Williams, and the author of the code (an Italian professional trader),wrote that the strategy is also valid with multiday Markets.

    So, this strategy, like all strategies, might be better in other Markets, maybe mean reverting Markets, or other time frames (15 minutes, 30 m, 1 hour, 4 H, etc...).
     
    #15     Apr 29, 2020