Great project: RSI backtest and programm with output (english or german)

MQL4 Autre

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Great project: RSI backtest and programm with output (english or german)

**Please only respond if the following explanations make sense to you and you would know how to do this and perhaps have some own ideas to enhance it. **It can be for MT4 or MT5. Whatever is more convenient for you and leads to better results. I can provide a drawing of how the output stats could be displayed, but I am counting on you to enhance it and provide the best result in the end. I HAVE MANY MORE PROJECTS IF THIS IS A JOB WELL DONE***


Hi, I need someone that is great with math and statistics. 

The output will be a MT4 or MT5 backtest result + programm with inputs and outputs. 

For any currency pair (my list has 24 pairs):

I) Check over the past 5-10 years years whenever RSI > 70 (and RSI > 75 and RSI >80), how many pips did we run higher to the upside, before we got AT LEAST a 1x ADR move short. The same for a 0.5x ADR and 2.0 ADR move short. 

II) Check over the past 5-10 years whenever RSI < 30 (and RSI < 25 and RSI < 20), how many pips did we run lower to the downside, before we got AT LEAST a 1 ADR move long. The same for a 0.5 and 2x ADR move long. 

In the end, I want to have a programm in which I can input the
1) Currency pair (for example EUR/USD)
2) Timeframe (for example D1, H4 or H1)

3) RSI level (>70, >30 etc) 

.... and I want to see the following output: 

1) Answer to the scenarios I) and II) explained above. This could be something like a distibution i.e. "In 90% of the cases, EUR/USD ran max. 200 Pips higher when RSI > 70, before it dropped at least 1 ADR, 0.5 ADR, 2 ADR etc"

--> Something like: In 10-20% of  the cases, EUR/USD ran 20 Pips higher before it dropped 1 ADR

--> 30 - 50% of the cases it run X pips higher before it dropped 1 ADR

--> 90% of the cases .....

3) Finally (this might be the final step): I want to see level on my chart that calculate the probability of a 1 ADR move to the downside when RSI > 70 and an 1 ADR move to the upside when RSI<30. Same for the probability of a 0,5 ADR move. 

The goal here is to take short positions when RSI > 70 and longs when RSI <30. If it runs against me, I want to know, how long it could run against me, until we get at least a 1 ADR corrections. This way I can keep my average price within the 1 ADR or 0.5 ADR pip range. 

I AM NOT BASING MY trading solely on the outcome of this backtest, but it will help in determining my risk and when to take positions / where to take SLs, TPs etc. 



Thank you. 

Répondu

1
Développeur 1
Évaluation
(42)
Projets
62
8%
Arbitrage
12
58% / 42%
En retard
1
2%
Gratuit
2
Développeur 2
Évaluation
(180)
Projets
301
30%
Arbitrage
54
24% / 56%
En retard
98
33%
Gratuit
3
Développeur 3
Évaluation
(58)
Projets
66
8%
Arbitrage
39
26% / 56%
En retard
12
18%
Travail
4
Développeur 4
Évaluation
(256)
Projets
416
38%
Arbitrage
86
44% / 19%
En retard
70
17%
Occupé
5
Développeur 5
Évaluation
(2)
Projets
3
0%
Arbitrage
0
En retard
1
33%
Gratuit
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Informations sur le projet

Budget
100 - 150 USD
TVA (19%): 19 - 28.5 USD
Total: 119 - 178.5 USD
Pour le développeur
90 - 135 USD