In todays video we will continue the best trading strategy series in which we compare and backtest dozens of indicators for different purposes to find the best indicators.
Today I brought you the part 2 of the best momentum indicator video, in which I tested 13 other momentum indicator 43000 times to find the best ones.
I have to warn you that if you are new to algorithmic trading, basic statistics and backtesting this video might not be the best for you, My backtesting sorting and ranking method is complex, however i tred to explain everything as simply as possible.
So if you are new to this take your time, cause once you learn how to do this you will be able to find the best most accurate indicators out there.
in this video I will show you all the indicators, the parameters I will test, explain the testing sorting and ranking method, and finally show you the results revealing which is the best momentum indicator.
As always if you know of other momentum indicators that you want to see tested in a potential part 3 of this video let me know in the comments.
Best Strategy/Idicator Series:
https://www.youtube.com/playlist?list=PLKO_4Dpj9Esz7EliB7HvxVHsADEKT5SfH
TradeSmart AI: Code any indicator into strategy:
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Best momentum indicator (part 1):
https://www.youtube.com/watch?v=tFLuV2jVFuI
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Chapters:
0: 00 Intro
2: 57 New Indicators
3: 50 Indicators Explained
13: 44 Backtesting Details
14: 45 GET ACCESS TO THE SCRIPTS
14: 58 Backtesting Details
15: 16 Assets, Timeframes, Entry/Exit Conditions
17: 38 Indicator Parameters
18: 14 Number of Combinations
19: 59 Fees, Time Interval, Tradecount Limit
20: 31 Sorting System
21: 01 Ranking System
23: 10 Results
26: 35 OVERALL RESULTS
27: 24 Outro
Disclaimer:
Historical results does not guarantee future profits.
None of the strategies presented on this channel are trading or financial advice, I am not a financial advisor. Do your own research before using any strategy for live trading.
The Strategy Presented in today video Used Paper Trading.
#tradingview #backtesting #pinescript