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May 2024 Strategy Detailed Description. (JAN24)
Hello traders.
This is the full detailed description of my JAN24 automated strategy run during May 2024 contest period.
The strategy uses a single simple moving average indicator (SMA) and a 1-hour candle pattern, if the price is below the SMA at 2AM UTC the strategy waits for the latest H1 bear candle to close, then opens a GBPUSD buy position, or a sell position if otherwise (latest H1 bull candle to close if price is above the SMA).
The strategy is designed to open only one trade per day, tak…
This is the full detailed description of my JAN24 automated strategy run during May 2024 contest period.
The strategy uses a single simple moving average indicator (SMA) and a 1-hour candle pattern, if the price is below the SMA at 2AM UTC the strategy waits for the latest H1 bear candle to close, then opens a GBPUSD buy position, or a sell position if otherwise (latest H1 bull candle to close if price is above the SMA).
The strategy is designed to open only one trade per day, tak…
DEMo1234 has published strategy JUN24
JUN24 strategy is based on a single simple moving average indicator
and a one hour candle pattern, if the price is below the SMA at 2AM
UTC the strategy waits for the latest H1 bear candle to close then
opens a GBPUSD buy position with a volume of 15 million, or a sell
position if otherwise (latest H1 bull candle to close if price is
above the SMA). the strategy opens only 1 trade per day, take profit
is set at 5 pips (10pips on updated version) and stop loss at 250
pips, the SMA is set on defa…
and a one hour candle pattern, if the price is below the SMA at 2AM
UTC the strategy waits for the latest H1 bear candle to close then
opens a GBPUSD buy position with a volume of 15 million, or a sell
position if otherwise (latest H1 bull candle to close if price is
above the SMA). the strategy opens only 1 trade per day, take profit
is set at 5 pips (10pips on updated version) and stop loss at 250
pips, the SMA is set on defa…
DEMo1234 has published strategy JAN24
JAN24 strategy is based on a single simple moving average indicator
and a one hour candle pattern, if the price is below the SMA at 2AM
UTC the strategy waits for the latest H1 bear candle to close then
opens a GBPUSD buy position with a volume of 15 million, or a sell
position if otherwise (latest H1 bull candle to close if price is
above the SMA). the strategy opens only 1 trade per day, take profit
is set at 5 pips and stop loss at 250 pips, the SMA is set by default
on period 30 using hourly…
and a one hour candle pattern, if the price is below the SMA at 2AM
UTC the strategy waits for the latest H1 bear candle to close then
opens a GBPUSD buy position with a volume of 15 million, or a sell
position if otherwise (latest H1 bull candle to close if price is
above the SMA). the strategy opens only 1 trade per day, take profit
is set at 5 pips and stop loss at 250 pips, the SMA is set by default
on period 30 using hourly…
DEMo1234 has published strategy JAN24
JAN24 strategy is based on a single simple moving average indicator
and a one hour candle pattern, if the price is below the SMA at 2AM
UTC the strategy waits for the latest H1 bear candle to close then
opens a GBPUSD buy position with a volume of 15 million, or a sell
position if otherwise (latest H1 bull candle to close if price is
above the SMA). the strategy opens only 1 trade per day, take profit
is set at 5 pips and stop loss at 250 pips, the SMA is set by default
on period 30 using hourly…
and a one hour candle pattern, if the price is below the SMA at 2AM
UTC the strategy waits for the latest H1 bear candle to close then
opens a GBPUSD buy position with a volume of 15 million, or a sell
position if otherwise (latest H1 bull candle to close if price is
above the SMA). the strategy opens only 1 trade per day, take profit
is set at 5 pips and stop loss at 250 pips, the SMA is set by default
on period 30 using hourly…
DEMo1234 has published strategy AUGUST2023
AUGUST2023 strategy is based on a single simple moving average
indicator and a one hour candle pattern, if the price is below the SMA
at 2AM UTC the strategy waits for the latest H1 bear candle to close
then opens a GBPUSD buy position with a volume of 15 million, or a
sell position if otherwise (latest H1 bull candle to close if price is
above the SMA). the strategy opens only 1 trade per day, take profit
is set at 6 pips and stop loss at 250 pips, the SMA is set by default
on period 30 using h…
indicator and a one hour candle pattern, if the price is below the SMA
at 2AM UTC the strategy waits for the latest H1 bear candle to close
then opens a GBPUSD buy position with a volume of 15 million, or a
sell position if otherwise (latest H1 bull candle to close if price is
above the SMA). the strategy opens only 1 trade per day, take profit
is set at 6 pips and stop loss at 250 pips, the SMA is set by default
on period 30 using h…
DEMo1234 has published strategy JUN23
JUN23 strategy is based on a single simple moving average indicator.
it bets on a trend reversal at the end of the US session, if the price
is below the SMA at 6PM UTC the strategy waits for the latest H1 bear
candle to close then opens a GBPUSD buy position with a volume of 15
million, or a sell position if otherwise (latest H1 bull candle to
close if price is above the SMA). the strategy opens only 1 trade per
day, take profit is set at 6 pips and stop loss at 100 pips, the SMA
is set by defau…
it bets on a trend reversal at the end of the US session, if the price
is below the SMA at 6PM UTC the strategy waits for the latest H1 bear
candle to close then opens a GBPUSD buy position with a volume of 15
million, or a sell position if otherwise (latest H1 bull candle to
close if price is above the SMA). the strategy opens only 1 trade per
day, take profit is set at 6 pips and stop loss at 100 pips, the SMA
is set by defau…