Python AlgoTrading Backtest: Using RSI and ADX with Moving Average for Buy/Sell Signals

🍓 Follow structured courses with more details and practice exercises check my "About" page for Discount Coupons on my Udemy courses covering:
- Python basics Kickstarter,
- Object Oriented Programming
- Data Analysis with NumPy and Pandas including financial analysis exercises,
... more courses are on the way drop me a message if you have a particular interesting topic!
Good luck!

#tradingbots #pythoncoding #forexanalysis

Python code download for 5 min timeframe:

And for 15 min timeframe:

00:00 RSI Scaling Strategy Introduction
04:40 Python Code Description
12:30 Strategy Backtesting Using Python
13:30 Strategy Backtesting Results

[a.winath]

You are one of the brilliant people on YouTube. I like your videos and your way of testing strategies.
I would appreciate it if you could add some optimization steps in your next algorithms in conjunction with Walk Forward Analysis.
Thank you!

[lokchanderj]

Excellent Content. " You are the best ". I have been exploring youtube to learn this, for a long long time.

You have the gift of syncing your voice with technical details. " Perfect Modulation".

I have shared the link with all my friends.

You are helping a lot of people who are eager to learn the technicalities.

Be Safe - Keep up your good work. God Bless.

Keep Posting - We are following.

[diogofranca]

Great work, my friend! Amazing content

[rajeshnair]

Gem of a person... Thank you COde Trading....

[tradewithaakash]

yet one more amazing content. Thanks for your time and effort

[vijayenderbandaru]

you are very under rated. Very quality content. Keep up good work. You should enable donate button so folks can assist for your time. You should have way more subs.

[newbienoob]

Hello sir thank you for this awesome videos, my feeback to is can you try to bakctest strategies on a diffrent forex pairs ? I mean more volatile forex pairs because what i hate about eurusd it's sleepy pair it doesn't move faster like Gold or audjpy so this may affect the results of backtesting strategies, the other thing that i want to mention is can u use some specific conditions for the buying signal which is not the opposit of conditions of sell signal for example (crossover=buy, crossunder=sell, theese are two opposit signals ) the reason what i saying this is beacause when it come to bear markert it moves fast the sellers are not jocking (fear, lost faith in that asset that they are selling) and when it comes to bull market it moves a little bit slower big green candles are rare (maybe as human beings it l's hard to pay money for something...) That's all i want to say thank you again for the great videos !

[kanaya]

hi code! backtesting Larry Williams RSI strategy! :D

[easyxpress]

Please see if you can post the file: that you used in the video. I'd like to check a few things. Thx.

[tradingguy]

Superb content as usual…in case you can code the VWAP (Volume Weighted Average Price) with some strategies depending on it, it would be really cool :)

[AZk]

Спасибо! В целом понятно. Автор явно русскоязычный, по-русски было бы тоже понятно ;)

[connectrRomania]

There is another indicator called Range filter, hope you can cover it soon 😄

[blasdelezo]

Ema is lagged. Better use Hull Moving Average and its slope.

[mohakaz]

Thanks for you. Your Onions is the best

[miguelangeldiazoviedo]

Add a time filter and the resulta Will be better

[kodzuvu]

Winrate is just a tiny piece in the picture, don't depend on it

High winrate systems have a huge "Asin's heel", that is, they only make money in a short time (1-2 years). When the market changes, they start to lose money, and you will run out of money before the system works again.

As for the principle of "long take profit - fast stoploss", made money 100 years ago, still making money now and 100 years later 😁

[senteixTrader]

you are using indicator that are not profitable by themselves alone but combining several maybe you can have a chance to ...

[rakishman]

this is extremely problematic as both ema and rsi would give out fake signals due to forward ahead bias. If you forward test it instead of backtest it you d see a lot of fake signals and reprints thus this method is flawed and should not be backtested