High Yielder : USDINR

31 Mar 2019

A very simple strategy that can be used on any Ticker, altering parameters in the strategy after applying is possible and recommended. The core component of the code is based on Inside Bar Strategy. Tweaked to yield high returns in a short time with the least number of trades. It would be very economical for swing traders.

First, Controls are as follows:

1. Time Frame for Trade Sessions [Default set to IST trade timings for Currency Futures]
2. High & Low compare parameter [Default set to USDINR 3 minute bar candles delivers consistently]
3. Profit Target & Stoploss Triggers [Default set to 12000 and 4000 pips respectively]


Second, Using the strategy:

When the Buy or Signal is marked on the chart, I recommend that the trader wait for the next three to four candles to place an order to prevent sudden reversal marking which I have found to be a common sight after altering parameters.


Third, Feedback and Live-Testing:

I'm always eager to help out with setting up the parameters for your choice of ticker should you have any difficulties. Just drop a message and I'll get to it as soon as possible. I would appreciate having a look at your outcome using the strategy, as I have tried this script on a limited number of tickers. Any freakish result would attract my eyes immediately but haven't come across any till now.


Fourth, Source Code

Drop a message below or directly and I'll send it across. :) There's more where this came from. Cheers!