SMASTRATEGY

This is a trend based strategy using Simple Moving Averages and specific Candle Pattern. Here are details of my strategy: Explanation of chosen settings. Time frames, currency pairs, SL, TP and other settings. 1) Time Frame = M1 2) Currency Pair = EURUSD 3) Stop Loss = 20 Pips 4) Take Profit = 10 pips 5) Weekend Filter = All trades closed at 20:00 hours on Friday Method of trade volume calculation 1) Initial Risk = 4 Million Lots 2) Risk is constantly adjusted after each trade, whether in profit or loss 3) Once a threshold of 4.99 Million lots is reached, then next trade will open 4.00 Million lots Trading Logic. Where and how strategy trades. Buy Order 1) Simple Moving Averages are used for trend direction 2) If SMA 47 > SMA 49 & SMA49 > SMA51 & SMA 51 > SMA 53 & SMA 53 > SMA 55 & SMA 55 > SMA 57 & SMA 57 > SMA 60 3) If Previous Candle 3 High > Candle 2 High & Candle 2 High > Candle 1 High & Last Candle Open < Last Candle Close 4) If Ask Price is above SMA 53 5) Then open buy order Sell Order 1) Simple Moving Averages are used for trend direction 2) If SMA 47 < SMA 49 & SMA49 < SMA51 & SMA 51 < SMA 53 & SMA 53 < SMA 55 & SMA 55 < SMA 57 & SMA 57 < SMA 60 3) If Previous Candle 3 High < Candle 2 High & Candle 2 High < Candle 1 High & Last Candle Open > Last Candle Close 4) If Bid Price is below SMA 53 5) Then open sell order
Version: Date: Status: Description:
8.00, TP40, SL20 01.05.2016 Not running Lot Size, Stop Loss and Take Profit changed  Download
7.00, TP10, SL20 29.03.2016 Not running Changed Stop Loss and Take Profit Target Plus Time Frame  Download
7.00, TP10, SL20 29.03.2016 Executed Changed Stop Loss and Take Profit Target Plus Time Frame  Download
6.0, Final, TP60, SL40 01.01.2016 Executed Changed Lot Size  Download
5.0, Final, TP60, SL40 01.01.2016 Comp. error Changed Lot Size  Download
5.0, Final, TP60, SL40 01.01.2016 Comp. error Changed Lot Size  Download
4.0, TP60,SL40 03.06.2015 Not running Changed stop loss and Take profit based on pair volatility  Download
3.00, SL50, TP40 21.04.2015 Not running Change parameters based on equity and pair volatility  Download
2.00, SL50, TP25 01.04.2015 Executed Stop Loss 50, Take Profit 25  Download
1.00 31.03.2015 Executed This strategy is based on SMA 47, 51, 53, 55, 57, 59, 61. The strategy will open a buy or sell order once all moving averages are in tandem.  Download
verindur avatar
verindur 4 Dec.

Quite impressive. Your strategy picked up maximum gains from yesterday's market conditions. Very experienced SL;TP ratio. Good Luck alifari :))

alifari avatar
alifari 4 Dec.

Thanks for your comments, still a long way to go and lot of whipsaw price action is expected in coming days due to FOMC news event, but strategy working well for now and let's hope it continues to do so.

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