This is my old winning (Since 2012 and now adapted to VisualJforex)
strategy is trading on EUR/USD,
1 hour chart using the signals of a 3 day moving average and the
default setting of the parabolic sar
indicators to determine the entry points with the additional
condition
that the position opening is
only allowed at defined times. If, in the current hour, and in the
previous hour the 3 day moving average
is above the parabolic sar signal at the defined time, then it will
be
a short position. If, on the other
hand in the current and the previous hour the 3 day moving average is
under the parabolic sar signal at the
defined time then the opened position will be long (cannot trade on
Fri, Sun). It’s visible that this is a trendfollowing scalping
strategy,
with fixed amount 5lot and TP20/SL151
which is supported also by the part of the program closing the
positions. Since the program closes all the open positions,
if an opposite side trend change occurs (to ver.2 only), the newer
versions close the open position if volume high too (manually
adjustable).
Ver. 9 is a reverse version, from ver.10 the strategy was
supplemented
with direction change, also if last trade loss next trade open
opposite direction.
Ver.14 works with supplemented a fibo indicator but it's not good.
Ver.15/16/17 supplemented a new woodpivot indicator
(default set, hourly period) with volume control, also trading signal
generated only if last tick bid over
resistance R1 + under support P1 and hourly volume signal under 8000
and time control changed (from 6am. to 2pm.). The newest ver.22 back
to the beginning, also i deleted it the woodpivot indicator with
volume control and time control changed (trades between 4 and 6
hours). TP changed from 20pip to 5pip.