Hello everyone!
The AAA_3 strategy works with Alligator, ADX, ATR, ema200 and tries to catch trend to get more profit. The currency pair is GBP/USD on H1 timeframe here , but it works with any other pairs, especially those which could have strong trends. It starts to trade at 5:00 GMT from Monday to Friday to open a buy/sell position immediately. You can see at the 1st picture - if the green line of Alligator located over the red and blue ones it opens a long position, but in cases when green line is under both of them, it would be short. The strategy opens positions only until 16:00 GMT, but can close them at any time, often it happens at night when green line crosses the blue one (shown on the 2nd picture).
There is a strong bullish/bearish trend when Alligator opens its jaws widely, but it could becomes weaker at the end, so I use ADX (24) indicator for the purpose of reducing trading volume if it is higher than 30.
The strategy also uses daily chart with ATR(14) and EMA(200). When daily ATR level is less than 50 pips (0,005), the AAA_3 strategy does not work. It means the GBP/USD has very low probability of intraday trends. I consider the area over EMA(200) is bullish and under the moving average is bearish, therefore trading volume was set as follows - 3M for long in the bullish area and 2M for long in bearish area, 3M for short in the bearish area and 2M for short in the bullish area. As it was written earlier in this article the strategy also uses reduced 1M trading volume instead when ADX indicator exceeds 30 points.
Other settings - SL 100 pips, TP 70 pips, trailing step 10 pips.
In March the pound showed extremely high volatility, so the strategy performance was very good.
Thank you for reading! Good luck!
The AAA_3 strategy works with Alligator, ADX, ATR, ema200 and tries to catch trend to get more profit. The currency pair is GBP/USD on H1 timeframe here , but it works with any other pairs, especially those which could have strong trends. It starts to trade at 5:00 GMT from Monday to Friday to open a buy/sell position immediately. You can see at the 1st picture - if the green line of Alligator located over the red and blue ones it opens a long position, but in cases when green line is under both of them, it would be short. The strategy opens positions only until 16:00 GMT, but can close them at any time, often it happens at night when green line crosses the blue one (shown on the 2nd picture).
There is a strong bullish/bearish trend when Alligator opens its jaws widely, but it could becomes weaker at the end, so I use ADX (24) indicator for the purpose of reducing trading volume if it is higher than 30.
The strategy also uses daily chart with ATR(14) and EMA(200). When daily ATR level is less than 50 pips (0,005), the AAA_3 strategy does not work. It means the GBP/USD has very low probability of intraday trends. I consider the area over EMA(200) is bullish and under the moving average is bearish, therefore trading volume was set as follows - 3M for long in the bullish area and 2M for long in bearish area, 3M for short in the bearish area and 2M for short in the bullish area. As it was written earlier in this article the strategy also uses reduced 1M trading volume instead when ADX indicator exceeds 30 points.
Other settings - SL 100 pips, TP 70 pips, trailing step 10 pips.
In March the pound showed extremely high volatility, so the strategy performance was very good.
Thank you for reading! Good luck!