Fxequity

Q3 2021 Overview: HLHB Development-Catcher System


Hey buddies! The top of one other buying and selling quarter means one other probability to overview the HLHB’s efficiency!

Tbh, the outcomes have been weak throughout the board with losses, shedding streaks, and better common losses seen within the main greenback pairs.

When you’ve simply tuned in, know that the Huck Loves Her Bucks (HLHB) System goals to catch traits by utilizing the 5 and 10 EMAs on the 1-hour charts of main greenback pairs like EUR/USD, GBP/USD, and USD/JPY.

A commerce is barely legitimate if RSI crosses above or under the 50.00 mark when the sign pops up. And on this model, I’m including ADX > 25 as a parameter to weed out the fakeouts.

Take a look at a backtest that I did if you wish to know extra concerning the model that I’m utilizing!

For now, right here’s a breakdown of how the system did within the final three months:

EUR/USD

There have been really tons of trending alternatives from July to the tip of September as EUR/USD flirted with the 1.1900 resistance and examined after which damaged under the massive 1.1700 assist.

Sadly, just a few key fakeouts within the final weeks of September dragged the HLHB’s efficiency on EUR/USD. Heck, the final two trades make up 54% of all of the system’s losses on the pair!

After 15 legitimate alerts, the HLHB misplaced a whopping 485 pips (-1.62%) on EUR/USD. Ouch!

GBP/USD

Cable didn’t pattern as a lot as EUR/USD did from July to September however we did see just a few legit intraweek traits from the pair.

The HLHB nonetheless didn’t fare a lot better, although, due to the final two trades just about erasing the system’s beneficial properties for GBP/USD.

The typical losses virtually doubling in opposition to the common beneficial properties probably contributed to the HLHB capping Q3 126 pips (-0.42%) within the pink.

USD/JPY


You realize when somebody tries to swim by throwing limbs round and finally ends up making loads of noise and never loads of distance lined?

That’s how I really feel concerning the HLHB’s efficiency on USD/JPY. Certain there have been 20 legitimate alerts and a 65% win charge.

But when the common losses are greater than double the common wins, it’s not stunning that the HLHB nonetheless misplaced 68 pips (-0.23%) from all the trouble this quarter.

USD/JPY did see extra ranges than EUR/USD or GBP/USD so there have been fewer alternatives for wins. The outcomes are nonetheless not a very good look although.

That’s it for Q3’s replace!
One massive factor I’ve seen about this quarter’s outcomes is that the HLHB can nonetheless lose pips even when the majors current massive intraweek traits.

It’s potential that the EMA crossover filter can also be throwing tons of fakeouts particularly in an setting the place tight ranges are adopted by bursts of risky one-directional strikes.

Do you assume there’s a greater filter than utilizing 5 EMA and 10 EMA? What do you often use to filter your pattern alerts?

I feel it might be time to discover different filters and/or entry and exit methods to maximise the greenback’s strikes within the subsequent couple of months…

Huck's Signature



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