Hi ff,
i have an expert that works so profitable(Upto 4000% returns per 3 week) according to 99% modelling quality backtest, the strategy depends on RSI 70/30 and sometimes different RSI values like 60/40, 25/75,e.t.c all of this strategy works very well, but after few months of backtest the trades just stop out the account, i detected its always either caused by big(High Impact) News event at that date or nothing else.
Now, i created a news filter for the expert which don't work in backtest, but i need to prove to someone that this expert work well without news in market...
What do you advice me to do?
Is there a way to filter bad trades like News breakout in backtest?
Is there a version of RSI that does not listen to news effect in market, but goes its own predictive way?
I filter my expert to trade at one of the most silent time(1:00AM GMT to 3:00AM GMT), but there was a day in backtest which that time also get fake RSI signal which i don't know why....
Is there just a way to make RSI never listen to news in backtest or a better filter for RSI entries which won't get whipsawed by news?
I just wanna be sure my strategy works well in all conditions(even in backtest), Please Advice or give good recommendable help to my RSI problem....
Thanks,
NoobShow
i have an expert that works so profitable(Upto 4000% returns per 3 week) according to 99% modelling quality backtest, the strategy depends on RSI 70/30 and sometimes different RSI values like 60/40, 25/75,e.t.c all of this strategy works very well, but after few months of backtest the trades just stop out the account, i detected its always either caused by big(High Impact) News event at that date or nothing else.
Now, i created a news filter for the expert which don't work in backtest, but i need to prove to someone that this expert work well without news in market...
What do you advice me to do?
Is there a way to filter bad trades like News breakout in backtest?
Is there a version of RSI that does not listen to news effect in market, but goes its own predictive way?
I filter my expert to trade at one of the most silent time(1:00AM GMT to 3:00AM GMT), but there was a day in backtest which that time also get fake RSI signal which i don't know why....
Is there just a way to make RSI never listen to news in backtest or a better filter for RSI entries which won't get whipsawed by news?
I just wanna be sure my strategy works well in all conditions(even in backtest), Please Advice or give good recommendable help to my RSI problem....
Thanks,
NoobShow