Hi Traders,
In this episode, Nathan builds a model that is designed to trade with the trend. The main concept of this model is to trade as the market moves above the mean, following the trend and locking in profits once the market is either overbought or oversold.
We hope you enjoy the episode.
In this episode we continue the multi part series adding a second trend detection function into the current build. This functions goal is to help pin point the best areas and times on the chart to look for breakouts.
In this episode we create a multi timeframe trading signal, using the Oversold condition on the Daily RSI, combined with the breakout signal on the hourly timeframe, which helps pinpoint a high probability signal.
In this episode, we will check in on the previous versions of the model that we have been working on since episode 365, which are looking good right now.
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Risk Warning: Trading leveraged products carries significant risks and is not suitable for all investors. Please ensure that you fully understand the risks involved before entering into any trades. You could lose substantially more than your initial deposit. Any information on this website is general in nature and does not take into account your financial situation, objectives or your needs. Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record. Simulated results DO NOT represent actual trading. Also, since trades have not been executed the results may have under-or-over compensated for impact, if any, of certain market factors, such as lack of liquidity. Simulated Trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or loss similar to those shown.
