Hacking Larry Connors Mean Reversion Trading Strategy

Рет қаралды 29,902

3 жыл бұрын

In this video I take a mean reversion trading strategy idea from Larry Connors and swap the exit to create a strategy with an 87% win rate using no indicators. DOWNLOAD the rules for this strategy for FREE here: www.thetransparenttrader.com/...
I changed the exit to a quick 1st profitable close exit I originally picked up from Larry Williams.
Grab 3 favourite strategies for FREE in my new 22 page Beat the Markets Strategy Guidebook here: www.thetransparenttrader.com/...
WEBSITE: www.thetransparenttrader.com/
LATEST TRADING COURSE: www.thetransparenttrader.com/...
EMAIL ME: jarrod@thetransparenttrader.com
DISCLAIMER:
I am not a financial advisor and I am not offering you financial advice. I am not regulated in any way. The purpose of the content I provide is for educational purposes only.
Any information you receive is based on my own knowledge and experience in the financial markets and how you act on the information provided is your own responsibility.
I cannot be held responsible for any losses you may incur as a result of ideas taken from my content provided.

Пікірлер: 72

@dentonhess5810 3 жыл бұрын

You rock Jarrod. Another great trading strategy video.

@soleray2 3 жыл бұрын

iam reading your pdf about this strategy which suprises me by its high quality and usefulness. you the man bro. cheers up！

@jesperchristensen5888 3 жыл бұрын

Great work. Love your clear analytical approach. No hype, pure gold!

@TheTransparentTrader 3 жыл бұрын

Thanks! Hope you found it helpful.

@binhsir 2 жыл бұрын

At 15:32 of the video, I look the out of sample (201901-202107) is very good except 202002-202003. So do you add ATR(14) filter in the out of sample time? According the strategy, it is not trading in 202002-202003 because of bigger ATR.

@alexsmith9221 3 жыл бұрын

Love it that you show us strategies on the daily chart!! Big thumbs up;)

@TheTransparentTrader 3 жыл бұрын

I try to mix it up so there's something for everyone.

@tamaracastleicawfitness313 3 жыл бұрын

Excellent charts as always Jarrod. Such an informative video 👍

@TheTransparentTrader 3 жыл бұрын

Thanks Tamara!

@josheror2455 3 жыл бұрын

Great content. Thank you.

@mostafasalamat5174 3 жыл бұрын

Can be tradable for other currencies like Eurusd and so on?best regards.

@theforexwolf9317 3 жыл бұрын

This is amazing, I've started to make my own EAs. They are profitable but have fairly big drawdown I wonder if the atr filter for volitle markets would help

@renejrgensen9865 3 жыл бұрын

That ATR filter is a brilliant idea. It is true, that some of my robots also don't like the beginning of 2020.

@TheTransparentTrader 3 жыл бұрын

Try it to filter trades with your strategies and see how it works..

@virtualvessel0 Жыл бұрын

With FirstProfitClose...what's the average pip gain:loss ?

@irfanKhan-ws2oi 2 жыл бұрын

What would you suggest a SL for US500? 200pips or points? Great Ed video BTW.

@Bhfior 3 жыл бұрын

Would be nice to see this built and put on trading view

@jazzthedog1 3 жыл бұрын

Great vid Jarrod, but how does one except a 300 pip stop loss? How is that feasible, even with a tiny lot size that could amount to a lot of drawdowns? I get that you want room for the trade to move, but that is a deal breaker.

@sulaimanniazi3736 2 жыл бұрын

sir can you show these strategies on Candle Stick Charts?

@maximosh 3 жыл бұрын

Percent volatility is another useful unit of measure. volatility=( ATR(14) / Close[1]) * 100; The upper bound was 120 pips, perhaps there also exists a lower bound. Could see if a max period of 10 days in a trade exit helps, since losing trades stay in the market longest. Thanks Jarrod

@davidoconnor8224 3 жыл бұрын

Great tip!!

@kerryriordan8662 3 жыл бұрын

What is the denominator?

@maximosh 3 жыл бұрын

@@kerryriordan8662 Close[1] price bar

@Northstar2000 3 жыл бұрын

Agree, am using something very similar

@SD11903 3 жыл бұрын

Thanks Jarrod, is it possible to use small time frame and every in smaller scale I assume?

@TheTransparentTrader 3 жыл бұрын

Not every strategy will work equally as well on different timeframes so you will have to test it first..

@OneCreator87 3 жыл бұрын

You optimize one parameter at a time, like a pro. How does it perform in the future?

@safiqulalam4564 Жыл бұрын

Nice

@dionisis_20n 3 жыл бұрын

how would the equity curve look like if we took trading fees into account?

@TheTransparentTrader 3 жыл бұрын

Pretty similar. We have a high enough average trade that even when adding costs, there is still a chunk to be made. I often add costs to show you guys the difference in results, I just didn't get round to it in this one!

@natanluiza2936 3 жыл бұрын

If you're doing algo's then it's easy to see indicators not as indicators but as data filters.

@firestormlivingsolutions 2 жыл бұрын

One thing I've never understood is why you don't consider the success of your previous trade to set the risk? If your last trade failed then use a minimum risk amount until you get a winner. This would work best in high probability strategies that were still subject to losing streaks.. Such as this one. Maybe risk 50 quid on a trade until you get a winner the proceed as normal.

@ewanmccabe6748 2 жыл бұрын

Fantastic content easy to follow information provided by Jarrod...thanks ma man 👍

@theforexwolf9317 3 жыл бұрын

Where can I learn about making eas like this?

@TheTransparentTrader 3 жыл бұрын

Have a look through some of my older videos. Might give you some ideas.

@MTK_88 2 жыл бұрын

cool good luck with your channel

@AlexM3478 3 жыл бұрын

I am going to try to code it in mql4 and test it

@soleray2 3 жыл бұрын

the LOOKBACK concept is great, helps a lot with my lately tradings, thanks again man. cheers .

@modax0 Жыл бұрын

I'm so glad I've discovered your channel, this video is just algo porn to me haha

@jowwickes4680 3 жыл бұрын

Just liked. Just subscribed. You really are the Transparent Trader. I'm also I'm the UK, is it possible to see if we are a good fit to work together?

@truedepth3 3 жыл бұрын

A close higher than previous X closes is called a breakout!! Going against breakouts is not fun.

@jammapcb 2 жыл бұрын

drawdowns like that means it sucks

@allexuk78 3 жыл бұрын

Thank you so much!!!From everything I follow on KZfaq your videos are the most inspirational. Your approach fits the best to my personality. Now a bit off topic: Do you know why OANDA reduced their historical data to 35000 candles? Is this affecting your multicharts account ( is it reflected in the data feed you get from OANDA to multicharts)? Thanks a lot!

@TheTransparentTrader 3 жыл бұрын

I haven't noticed yet. But maybe because I already have the data downloaded. Multicharts saves previously downloaded data.

@Samuel_eldavis 3 жыл бұрын

Interesting approach great results!😃 Thank you for sharing!

@davidoconnor8224 3 жыл бұрын

Great work Jarrod! You really put the work in on these strategies. I love Cesar Alvarez's work, his interviews in are well worth listening to. Keep up the excellent content!

@TheTransparentTrader 3 жыл бұрын

Yes I've listened to them a few times. Andrew has some great other interviews on there too.

@kyloren2093 3 жыл бұрын

LMAO this is pure BS

@toddmaggio2032 3 жыл бұрын

Please put more passion into your lectures.

@brycewilhelm260 3 жыл бұрын

Are you kidding? You’re probably one of the persons that always find something to argue about. You don’t even know how many people appreciate the transparent trader and the efforts he puts into the transparency of his videos. Instead of talking BS and giving out false information like 98% of other trading channels, he actually shows backtests, strategies etc. etc. U shouldn’t complain, it’s what makes this channel unique from the other channels and has nothing to do with lack of passion at all. It’s just a transparent, straight to the point video. If u have a problem with this, leave and don’t dislike the video!