Build.

☞ Forex Software I use to back test everything

☞ Learn how to build & back test algorithms

☞ No Nonsense Forex Newcomer Starter Guide

Algorithm /ˈalɡərɪð(ə)m/
A step-by-step procedure that must be followed in a fixed order for accomplishing some end result.

Forex Algorithm

1.) ATR (what is the ATR?)

2.) Baseline (what is the baseline?)

3.) Primary Confirmation Indicator (what is this?)

4.) Secondary Confirmation Indicator (what is this?)

5.) Volume Indicator (what is volume?)

6.) Exit Indicator (what is the exit indicator?)

Metal Algorithm (incl/ Oils, Index ETFs, or Crypto)

1.) ATR

2.) Baseline (not used) – what does this mean?

3.) Primary Confirmation Indicator

4.) Secondary Confirmation Indicator

5.) Volume Indicator  (used only for price reversals)

6.) Exit Indicator

Get started – download / back test this algorithm.

ATR Calculator (Auto calculates the Take profit/Stop Loss)

Baseline: Kaufman_ama_averages_filtered_ATR Bands

Primary Indicator: BH-ergodic-mtf-arrows

Secondary Indicator: Absolute Strength Histogram

Volume Indicator: WAE_Ext

Exit Indicator: QualitativeQuantativeEstimation

After you have downloaded and set it up: Back test with below tools.

☞ Forex Software I use to back test everything

☞ Learn how to build & back test algorithms

☞ No Nonsense Forex Newcomer Starter Guide

Want more indicators, Let’s go!

☞ Essential Indicators

☞ Essential Strategy Flow Charts

☞ Top 100 Indicators

☞ More Indicator Locations

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Bitcoin Algorithm (and other cryptocurrencies)

A new update will allow Cryptocurrency Algorithm (Bitcoin & Eurotheum) to be back tested using the software simulator.

Cryptocurrencies are very new for me but I decided to buy some and after a lot of research I recommend this platform: www.coinbase.com

Since a cryptocurrency algorithm would be new territory for this method, I am trying with all of the elements of a forex algorithm.

Bitcoin Algorithm

1.) ATR

2.) Baseline

3.) Primary Confirmation Indicator

4.) Secondary Confirmation Indicator

5.) Volume Indicator

6.) Exit Indicator

I will post my results as I go along.

-Dave