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Winning Strategy
Introduction
The strategy was ‘prophetically’ named Breakout_year_2019_Jan and has been a winning strategy ever since.
The strategy was based on 2 currency pairs, the EURUSD and the USDJPY in a 1 hour time frame. The pairs were chosen because of the relatively low bid-ask spread and high liquidity which results in low slippage. The hourly time frame was chosen to have some stable results after eliminating most of the market noise.
Fig 1
In fig 1, above the default period was 1 hour as earlier a…
The strategy was ‘prophetically’ named Breakout_year_2019_Jan and has been a winning strategy ever since.
The strategy was based on 2 currency pairs, the EURUSD and the USDJPY in a 1 hour time frame. The pairs were chosen because of the relatively low bid-ask spread and high liquidity which results in low slippage. The hourly time frame was chosen to have some stable results after eliminating most of the market noise.
Fig 1
In fig 1, above the default period was 1 hour as earlier a…