The strategy is based on identifying overbought and/or oversold
moments for the market entry. To do this, momentum indicators like RSI
and Cycle are used. At the same time, it is verified that the market
in the long and medium term has a compatible trend with the entry type
(BUY/SELL), for this purpose different moving averages are used with
varying timeframes (5 minutes, 1 hours ). The strategy is
multi-instrument, this version is using the USDCHF USDCAD EURUSD
GBPUSD AUDUSD NZDUSD in the second strategy, see below), but future
versions could use more & different pairs. The strategy uses money
management to determine the trade volume, but allows the entry of a
fixed volume thus disabling money management. The strategy is
selective in terms of the time to trade. This version includes a
second strategy inside the main strategy, it is a trend strategy on
the ANY (6) pair and uses Mov average (H1), If price RSI 14 indicators
Higher RSI 70 then sell of any six Pair If RSI 14 indicatore go to
lower RSI 29 then buy order any 6 pair to trade following the trend,
The Cycle will only help to confirm a trend so this strategy is based
in RSI The Cycle indicators is used to identify a new trend of warn of
extreme conditions, measuring overbought and oversold levelsit trade
only when the main strategy does not trade, is symmetric of course,
but is very strict and could do very little or even no trades during
the month, the SL:TP ratio of this strategy is 9:9. Finally, the
strategy also uses a martingale to try to recover from a loss. The
Stop Loss 00 no limit set: Take Profit ratio of the main strategy is
10 pip except if the martingale is used. The version 2 fixes a bug in
the trade time range. The strategy was designed exclusively for the
Dukascopy Strategy Contest in April 2015, so will not work correctly
in a different period. Remember that the use of a copied strategy
violates the (4.d) section of the official contest rules (RCR).