Trading

Guides

Updated Frequently


reversal-trading-patterns-and-reversal-trading-strategy-for-metatrader-4-and-metatrader-5-1-1200x447.jpg

High probability reversals trading strategy for Forex, equities and commodities. Utilising volume divergence and cyclical trend analysis. It is unwise to assume that any given system can predict future movements within financial markets – but by combining informed decision making and strict risk management, it is possible to trade with an edge and generate consistent alpha. In this article we will discuss a highly effective reversals trading strategy which has been vetted for a variety of markets, inclusive of forex, equities and commodities.


high-accuracy-testing-optimization-on-metatrader-4-metatrader-5-mt4-mt5-alphaheim.jpg

In order to perform optimizations and vet a potential trading strategy, it is imperative to ensure that the results obtained from strategy tests and optimizations on MetaTrader 4 & 5 are a true reflection of the EA. As seen in the image below, the default strategy tester for MT4 causes issues when testing scalping EAs. In the first image we use the standard tester, with default data, and in the second we port over to tick data. The initial perception is that of a flawless strategy – but this is simply derived from poor data analysis. In this article we will cover the steps to ensure accurate testing on both MT4 and MT5, and touch on some elementary data science to help filter potential strategies.