Hello friends,
I have tried many strategies you have posted on this site based on different moving averages and different indicators.
If we back test any of those strategies based on any indicator it works great. However in live trading those are not giving good results. and this is because indicators and averages keep changing in live trading. But in back testing those indicator values are fixed because of the past data. It won't work on live data.
So i am looking for a simple strategy that only uses price/volume. because price/volume can not be changed once they reflect on TOS. but indicators may change based on the future candles data.
So i am looking for a strategy that gives signal based on the price. for example, if price crosses previous high/low, or price crosses the price actions or fibonacci levels. Does anyone ever came across this kind of strategy? any references? Thanks in advance for your help.
Thanks.
I have tried many strategies you have posted on this site based on different moving averages and different indicators.
If we back test any of those strategies based on any indicator it works great. However in live trading those are not giving good results. and this is because indicators and averages keep changing in live trading. But in back testing those indicator values are fixed because of the past data. It won't work on live data.
So i am looking for a simple strategy that only uses price/volume. because price/volume can not be changed once they reflect on TOS. but indicators may change based on the future candles data.
So i am looking for a strategy that gives signal based on the price. for example, if price crosses previous high/low, or price crosses the price actions or fibonacci levels. Does anyone ever came across this kind of strategy? any references? Thanks in advance for your help.
Thanks.
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