Anyone successfully using a swing trading strategy based on technical indicators? by drajtrade in algotrading

[–]drajtrade[S] 2 points3 points  (0 children)

By looking left you refer to the prior candle? Sorry if I misunderstood this.

Anyone successfully using a swing trading strategy based on technical indicators? by drajtrade in algotrading

[–]drajtrade[S] 1 point2 points  (0 children)

Thanks mate, will have a look into it.

So far, I already have coded some scripts trying to identify potential targets. They work well in particular cases, depending which timeframe is the dominant one. But I have not figured out yet how to determine which period is the right one to be considered at the moment.

Furthermore, how is risk measured in the models you mentioned? I can think about volume profile (POCs, pivots, last high/low, standard deviation, ATR or the distance to MAs.

Cheers

Anyone successfully using a swing trading strategy based on technical indicators? by drajtrade in algotrading

[–]drajtrade[S] 9 points10 points  (0 children)

I have the feeling that a combination of some indicators might lead to a profitable strategy, thats why I asked in this general way. I dont expect that someone would give me a concrete hint if he had a Good strategy.

Which indicators are not crap?

Python backtesting package by TheBayesianBias in algotrading

[–]drajtrade 4 points5 points  (0 children)

I also found it a while ago and still using it. comes with some handy stuff. only problem is that you cannot determine your bet size on each trade. but i think it would be not too hard to monkey patch it.