SoftKill21

GBP/JPY Daily time FX Strategy ATR W% Baseline

This is a preety good strategy suited for long term trading.

It has been adapted and optimized in this case for GBP/JPY 1D time frame.

Its made of Kiojun baseline, together with ATR for stop loss and size calculation and Williams % R


For the purpose of this example we simulate that we have a leverage of 100x in order to be able to buy the ammount of lots required for our stop loss to be in same page with the risk % of our capital.


For entry we have for long, ascending R in the last 2 candles and crossover of close with KIOJUN baseline. For short the same but in reverse.

We exit if we reach the TP -100 points in this example, or SL , which is based on ATR of the last x days.



If you have any questions feel free to write me in private !
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
My official Telegram group: https://t.me/joinchat/HtsgpbpeF04kFw7i

My premium products : https://bit.ly/2YSPM9C

DONATION
BTC: 347p8NNwnHmAUfyJXWaeLUgrpHwthmr5UP

TV
https://www.tradingview.com/gopro/?share_your_love=SoftKill21

Comments

Thank you for the script.
I am studying your work.
When I change the base currency to JPY, I get completely different result for the backtest.
Do you have any ideas what is the cause.

Thank you.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out