SPXTrader CEDAR-DAX STRATEGY
Cedar-DAX is a combination of multiple trading models developed over time. It compares two timeframes for the underlying algorithm and determines the direction of trades when the two timeframes align. It also trades pullbacks while following trend as well as breakouts/breakdowns.
Here's Cedar's performance on /FDAX TradingView (Apr 1 - Jun 28 2020)
Here's Cedar's performance on /FDXM TradingView (Apr 1 - Jun 28 2020)
The signals from Cedar-DAX appear on the chart as shown below
Cedar Strategy is only available for TradingView platform. Other Trading platforms aren't supported yet.
Cedar-DAX requires access to live data feed for /FDAX. In some cases, the extra data cannot be added to Basic (Free) TradingView accounts. Please check with TradingView support for the matter.
Not a TradingView member? Sign up here and get $30 credit
As the name implies, The Cedar-DAX strategy has been developed and backtested for DAX Futures (/FDAX) and Mini Dax Futures (/FDXM) only
Due to slight variations in price/volume, the signals generated across /FDAX and /FDXM can vary.
Recommended Chart TimeFrame: 5 minutes
Signal Modes: Aggressive/Vigorous/Scalp control the underlying models used to fire trade signals. Depending upon the intensity, the quality of the signal and therefore win rate for the strategy varies.
S/R Percent Threshold (Default 20) controls the sensitivity of the strategy. The higher the percent threshold, the lower the propensity to follow the trend on semi-extreme conditions. Range (0-99). Values >= 100 may have unspecified reactions.
Cedar-DAX Strategy alerts can be set up using TradingView.
It is recommended to set up alerts on /FDAX and /FDXM as signals on either asset is equally valid
For Step by Step instructions about setting up alerts, Click here
TradingView strategies DO NOT support AutoTrading custom strategies.
Cedar Strategy is available as a monthly subscription with a 7-DAY FREE Trial and €210 per month afterwards.
Subscribe via PayPal below and reach out to https://twitter.com/SPXTrades via a DM with your TradingView account username to get access to the strategy
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