This technique is closing out the quarter on a optimistic observe, because it bagged one other set of wins.
See what number of pips it caught!
On this revised model of the Short-Term Bollinger Reversion Strategy, I’m ready for RSI to cross above or under oversold or overbought ranges to point a bit extra momentum within the path of the commerce.
Ensure you evaluation the tweaks here.
USD/CAD moved sideways for probably the most a part of the week, testing the decrease band a number of instances however failing to generate an extended sign.
The pair hit the highest band in a while and caught a legitimate quick play, however sadly this missed the primary goal.
Because of this the place didn’t have its adjusted SL in place earlier than the rally occurred, inflicting it to snag a full loss. Ouch!
In the meantime, CAD/CHF had an extended place left open from the sooner replace, and this already had the cease adjusted to entry.
The pair carried on with its climb early within the week, hitting the total revenue goal on the reverse band within the course of. Woot woot!
A brief sign ultimately popped up on a take a look at of the highest band, and this was in a position to lock in some beneficial properties on the center band.
That’s a 52.5-pip or 1.05% achieve for CAD/CHF yo!
With that, the Short-Term Bollinger Reversion Strategy is up by 2.5 pips or 0.05% for the week, because of CAD/CHF’s wins… and no because of USD/CAD’s loss!
I do know it ain’t spectacular, however I’m simply completely satisfied the system completed the quarter within the black.
I’ll be rounding up the Q3 numbers for this technique within the subsequent few days to see the way it stacked up.
Seen how the numbers turned out for Q2 2021 but?