maCross

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This strategy open orders following the trend of the market, use the EUR / USD pair in 30 minutes chart with a Take Profit of 40 pips and a Stop Loss of 30 pips. To determine the trend I use 3 indicators - SMA 15 periods applied to Open price (= SmaOpen) - SMA 15 periods applied to Close price (= SmaClose) - MACD with Fast period = 20, Slow period 40 and Macd signal 9. The Macd Histogram (= MacdHist) is used as a filter. I used this strategy and it's a good strategy to trend markets not so good for ranging markets it's simple, visual and don't need sma cross to enter in the market, because of that the Stop loss - Take profit ratio is attractive, the TP secure profits and can enter in the trend again. The logic of the strategy is as follows, first I test the timeframe bar and load the indicators then I test the open orders number if it's less than 1 ( no open orders) I validate the values of SMAClose and SMAOpen if the SMAClose it's greater or equal than SMAOpen and the MacdHist > 0 then i open a BUY market order and store the Position and that's long the oposite for SELL orders. if the SMAClose it's lowest than SMAOpen and the MacdHist < 0 then i open a SELL order and store the Position and that's short. When the open order number it's equal to 1 (exist an open order) i check if it's a long or a short position if it's long the strategy checks if the conditions are still satisfied for a long order i.e SmaClose >= SmaOpen and MacdHist > 0, if so the cicle continues if not closes the order and cleans the stored Long variable. If the open order is short validate if SmaClose < SmaOpen and MacdHist > 0, if so the cycle continues if not closes the open order and cleans the stored Short variable.
Version: Date: Status: Description:
1 12.04.2015 Not running maCross  Download
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