My strategy is very simple based in only two well-known indicators,
witch are the Moving Averages and the Bollinger Bands.
This strategy negociates only the EUR-USD pair in an ONE minute
Period.
The Moving Averages are 3 Simple Averages, that are being used with a
period of 16 , 18 and 20 each respectively. The Bollinger Bands
employ
a period of 10 to with deviation of 1, and uses only the center line.
The TP is a short, 7.5 pips, as the strategy uses an one minute
period, and the SL is 250 pips.
These parameters were adjusted after several tests for one year .
To BUY, this strategy must meet the following conditions :
- The closing price of the last candle has to be below the middle
band
of BB
- The opening price of the last candle has to be above the middle
band
of BB
- The closing price of the last candle has to be lower than the SMA
-16
- The closing price of the last candle has to be higher than the SMA
-18
- The closing price of the last candle has to be higher than the SMA
-
20
To SELL, this strategy must meet the following conditions :
- The closing price of the last candle has to be above the middle
band
of BB
- The opening price of the last candle has to be below the middle
band
of BB
- The closing price of the last candle has to be higher than the SMA
-16
- The closing price of the last candle has to be lower than the SMA
-18
- The closing price of the last candle has to be lower than the SMA -
20
The next step is to optimize the strategy to try to reduce the
drawdown that was 12 % in December and this month is 18.5 %. The SL
must also be reduced by at least 50 pips.