2 years ago

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Website: https://traderslanding.net
I take viewer requests from a previous video to modify the profitable Williams %R, SAR Crossover system I tested in a previous video. In this test; I will be using 5 minute candles, a modified version of the Williams %R oscillator, a second exponential moving average (EMA), the free TradingView Parabolic SAR strategy indicator, and a variable take profit exit system. Stay tuned for bonus data at the end, and my personal analysis.

This system may be of interest for people who wish to scalp forex or cryptos.

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Trader’s Landing is a trading system review and education channel. By testing indicator-based trading strategies we are able to learn and understand a system’s performance by using a repeatable and clearly defined trading criteria that has a predictable performance through a series of many setups. These trading systems can be ported over to many instruments such as Forex (FX), Cryptocurrency (Crypto), Options, Stocks, or anything that has a chart and a significant amount of volume and market participants.

If you are looking for trading systems to test out on your own here is a playlist of systems that I like: https://bit.ly/SystemsILike
WARNING: Be sure to do exhaustive backtesting and forward testing before you actually start trading real funds. For your convenience below is a link to the official Trader’s Landing backtesting spreadsheet and tutorial video.

🔍 Link to my Testing Performance Spreadsheet: https://traderslanding.net/results/
📘 Link to my free backtesting spreadsheet: https://traderslanding.net/2021/08/15/26/
📊 Link to all indicators tested on the channel: https://traderslanding.net/indicators/
🏠 System Web page: https://traderslanding.net/2021/07/05/10/

See a trading system you would like tested on this channel? Be sure to let me know, including links where you found it, and any other pertinent information. In many ways you are the eyes and ears of this channel.

Link to the previous video: https://youtu.be/5oDhwHRnsA0

Link to the thread on Forex Factory where I found this system: https://www.forexfactory.com/thread/post/13608949#post13608949

Timestamps:
00:00 - 5 Minute, Williams %R, SAR Crossover
01:28 - Indicators
02:29 - Examples & Rules
05:10 - Test
05:30 - Testing Results

System Specifics
Time Frame
5 minute candes (M5)

Indicators
Parabolic SAR Strategy (TradingView free built in indicator)
Williams %R w/ 50 median line & Length set to 16.
20 EMA
200 EMA
Trading Session Indicator (ZenAndTheArtOfTrading)- set to shade everything but the first 5 hours of the London & New York Sessions.

Long Entry
Only taking setups for the first 4 hours of the NY & London Sessions
Williams %R Above the 50
Parabolic SAR Strategy Buy Signal
Price above the 20 and 200 EMA's

Short Entry
Only taking setups for the first 4 hours of the NY & London Sessions
Williams %R Below the 50
Parabolic SAR Strategy Sell Signal
Price below the 20 and 200 EMA's

R:R
2:1
Move SL to BE when hit 1:1

Where to place stop-loss
Below last swing low for longs.
Above last swing high for shorts.

Indicators tested on this channel so far:
ATR Bands, Donchian Channels (DC), Double Exponential Moving Average (DEMA), Dynamic Structure Indicator, Exponential Moving Average (EMA), Heikin-Ashi Candles, Ichimoku Cloud, Money Flow Index (MFI), Interstellar Buy/Sell, Interstellar Trend, Multi Timeframe EMA, QQE (Qualitative Quantitative Estimation) Mod, Relative Strength Index (RSI), SSL Channel, SSL Hybrid, Stochastic (STOCH), Stochastic RSI, SuperTrend STRATEGY, Time Segmented Volume (TSV), VuManChu Swing Free, Waddah Attar Explosion V2, Weighted Average Price (VWAP), Williams %R

Captions Available in: Arabic, Chinese, English, German, Hindi, Italian, Japanese, Korean, Norwegian, Portuguese, Punjabi, Russian, Spanish.

#Scalping #TradingSystem #ForexFactory

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