DESCRIPTION: SPO RSI Out-Cross OBOS Arrow is an Indicator that Self-Optimize the parameters at the start of each new candle. The expiry time of the signals is also set to be optimized. The trading logic of this arrow is based on the previously posted arrow (RSI Out-Cross OBOS Arrow). Since the signals are periodically optimizing, a Forward-Tester is included to monitor the current-candle arrows performance.
TIMEFRAME & EXPIRY: The Time-frame used in this example was M15 and the Expiry was set to be optimized, bars range [3 to 6]
- The logic of self-parameters-optimization is to find the best signal parameters in the past x bars (Data_Bars)
- Trading signals are conditioned by the (Minimum_WinRatio) and the (Minimum_Net_Profit)
- Expiry Time can be fixed or Self-Optimizing, the range of the Expiry bars can be controlled using the following inputs (Expiry_Bars_MIN /_MAX)
- The signal parameters can be controlled by the inputs (RSI_Signal_Settings)
DOWNLOAD: It can be found as an attached RAR file below.