okin now on the way of building from above we're talking. i'm listig all signals that i have on SQX for you: ADX, Arron, ATR, ATR Percent Rank, AVG Volume, Awesome Oscillator, Bear power, Bull power, BH Ergodic, Bollinger Bands, Candle Pattern, CCI, Choppiness Idex, Connor RSI, CSSA Market Regime, Demarker, DEMA, Didi index, Directional Index, Disparity Index, DPO, DSS Bressert, DVO, Entrophy Math, Fractal, Gann HI LO, Highest Lowest, Hull moving Average, Ichimoku, KAMA, Kaufma Efficiency Ratio, Keltner Channal, Laguerre RSI, Lin Reg, MACD, Momentum, Movinng Average, OSMA, Parabolic SAR, QQE, Reflex, ROC, RSI, RVI Schaff Trend Cycle, SR Percent rank, Std Dev, Stochastic, Super Tred, Trend, TTM Squeeze, Ulcer Index, Vortex ,VWAP, William PR.
Thanks for sharing the list of signals. With such a wide range of technical indicators available, you can create diverse strategies tailored to different market conditions and timeframes.
Recommendations for Signal Selection in StrategyQuant X (SQX):
Since you're focusing on H1 as the main signal timeframe and H4 as confirmation, here are some suggestions for selecting and combining signals based on their roles in trend detection, volatility, momentum, and entry/exit timing:
Trend Detection Signals:
- ADX (Average Directional Index): Excellent for determining the strength of a trend. Can be used to filter trades, only allowing entries when the trend strength is above a certain threshold.
- Ichimoku: A robust all-in-one indicator for trend, momentum, and support/resistance levels. Ichimoku works well for confirmation on H4.
- Super Trend: Simple and effective for trend-following strategies, it works well on both higher and lower timeframes for trend confirmation.
Momentum Indicators:
- MACD: Classic momentum indicator, useful for detecting trend changes or continuations.
- RSI (Relative Strength Index) and Connors RSI: Great for identifying overbought/oversold conditions. You could combine this with trend filters to avoid countertrend trades.
- Stochastic: Similar to RSI, it can add a timing element for entries or exits when paired with trend filters.
Volatility & Range:
- ATR (Average True Range) and ATR Percent Rank: Excellent for determining volatility. You could adjust stop-loss and take-profit levels based on volatility readings.
- Bollinger Bands: Can be used for mean reversion strategies or volatility breakouts. Price reaching upper or lower bands could serve as exit points or trade triggers.
- Keltner Channel: Useful in combination with volatility readings for breakout strategies.
Price-Based Signals:
- Candle Patterns: Effective for timing entries/exits based on specific price action patterns.
- Parabolic SAR: Can provide dynamic stop-loss levels, especially useful for trailing stops.
- Williams %R: Good for detecting overbought/oversold levels, especially on higher timeframes like H4.
Additional Unique Indicators:
- Ulcer Index: Measures downside risk. You can use it to avoid trading in risky periods.
- Schaff Trend Cycle: Great for cyclical patterns in momentum, allowing timing entries with trend changes.
- Vortex: Captures trend changes with crossovers; useful in combination with trend-following indicators like ADX or MACD.
Potential Strategy Combinations:
Trend-Following Strategy:
- Main Signal on H1: Combine ADX (trend strength) with MACD or Ichimoku to confirm trend direction and momentum.
- Confirmation on H4: Use Super Trend or Ichimoku for trend confirmation on H4. Consider adding ATR for volatility-based stop adjustments.
Mean Reversion Strategy:
- Main Signal on H1: Use Bollinger Bands or Keltner Channel with RSI or Williams %R to capture reversions.
- Confirmation on H4: Add MACD or RVI (Relative Vigor Index) for broader trend direction to confirm whether the reversion fits the larger trend.
Volatility Breakout:
- Main Signal on H1: Use ATR Percent Rank or Bollinger Bands for breakouts. Pair with Momentum or ROC (Rate of Change) to confirm price momentum.
- Confirmation on H4: Add a higher timeframe confirmation such as Fractal or Directional Index for trend continuation.
Next Steps:
- You could let SQX’s Genetic Evolution process handle these combinations to find the most robust pairs.
- When doing sequential optimization across different timeframes (M30/H4, M15/H4, M5/H4), include some of these indicators to test how they perform on faster timeframes and whether they enhance your strategy’s adaptability.
This should provide a good foundation for further strategy testing and refinement.