loxx

Elegant Oscillator Backtest [loxx]

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Elegant Oscillator Backtest : John Elhers Elegant Oscillator from TASC's February 2022 edition of Traders' Tips.

Backtest for this:
What is it?
Normalized, Inverse Fisher Transform that oscillates between -1 and 1

How does this help me?
Helps the trader identify reversions to the mean

Backtest Features:
-Baseline filtering. 10+ moving averages to choose from
-ATR qualifier boundaries above/below the selected baseline
-1-3 take profit levels with stop loss
-Trailing take profit using ATR offset
-Post Signal, Baseline Cross signals
-Continuation Longs and Shorts
-Regular Longs and Shorts
-Backtest date ranges
-Ability to change how much is removed from trade at each take profit

*** Make sure the take profit % removed adds up to 100% between the number of TPs selected

Release Notes:
No updates, just linking the core indicator to match the strategy signals. Here it is:
Release Notes:
Updated backtest rules to delay take profit activation until entry bar close.

Public Telegram Group, t.me/algxtrading_public

VIP Membership Info: www.patreon.com/algxtrading/membership
Protected script
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