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Forums>StrategyQuant>Application Support>A "successful" retracement strategy

  • #112961 |
    Customer
    61 Posts

    A currently “successful”*** retracement strategy EA named REV trader Pro is looking hot for past year on myfxbook and other clients there. Not mentioning as any other product attention or promo, but because one person on forum noticed the entries seem to be retracement after 3 4hr bars in same direction.
    Is this something we can target in building blocks or is it a general type of “indicator” to suggest? (i.e., X bars in same direction)

    (***so far via 1yr by author on myfxbook and by current progress of buyers)

    #127904
    Mark Fric
    Administrator
    1182 Posts

    yes,it would be possible to make a special rule like this. I’m looking forward to new SQ 4 where it will be possible to create such custom building blocks.

     

    I’m sorry it takes long to develop, but it gets complicated as we are increasing its flexibility.

    Mark
    StrategyQuant architect

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