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LinnuxFX's Blog
LinnuxFX has taken 2nd place in Strategy Contest Mar 2022
INVERSE BOTv1 is a counter-trend strategy based on 2 WMA-Weighted Moving Average and Last Candle Price Close.
It only trades the pair GBPUSD in the period of ONE-HOUR.
First, the strategy subscribes to the corresponding pair, the correct period, and verifies if that there are no open orders.
Next it check if the Last One-Hour Candle is a BULL or BEAR candle.
If it is a BULL candle, calculate the values of the 2 WMA's with the defined parameters and check if the Last One-Hour Candle closed above…
It only trades the pair GBPUSD in the period of ONE-HOUR.
First, the strategy subscribes to the corresponding pair, the correct period, and verifies if that there are no open orders.
Next it check if the Last One-Hour Candle is a BULL or BEAR candle.
If it is a BULL candle, calculate the values of the 2 WMA's with the defined parameters and check if the Last One-Hour Candle closed above…