Video Tutorial #
In this video, learn about the development and results of a complex strategy:
Steps #
Follow these steps to create this strategy (RSI + MACD + RVI Coefficient – Stop Loss & Take Profit):
- Select “Coefficient” on the “COMBINE” block of the flowchart.
- In the momentum indicators, select “RSI”.
- Then select the “Volatility Zone” strategy.
- Go back 1x and select “Coefficient” in the Intra Strategy Parameters.
- Go back 1x and select “MACD” in the momentum indicators.
- Then select the “Signal MACD” strategy.
- Go back 1x and select “Coefficient” in the Intra Strategy Parameters.
- Go back 1x and select “RVI” in the volatility indicators.
- Then select the “Volatility Reversed” strategy.
- Go back 1x and select “Coefficient” in the Intra Strategy Parameters.
- On the flowchart, add a C variable in the “COEFFICIENT GROUP” block.
- Apply the following coefficients: A=0.4, B=0.2, C=0.2.
- Modify the value “GROUP” of MACD by B.
- Change the “GROUP” value of RVI to C.
- Click on “Run” and wait a moment.
- An error is displayed. The sum of the coefficients must be equal to 1. Click on “Let me fix that”. Change the coefficients in the “COEFFICIENT GROUP” block: B=0.3 and C=0.3.
- Click on “Run” again and wait.
- Click on “Show Results”.
- Observe the return on investment at 63.94% and try to improve it. Close the tab.
- In the Options, apply the values “Take Profit=0.3” (to set a TP at 30%) and “Stop Loss=0.1” (to set a SL at -10%).
- Click on “Run” again and wait.
- Click on “Show Results” and see a return on investment of 68.51% for this strategy.