Description:
VScalp3_2_November2015 is a momentum scalping strategy. It opens a
long position when CCI(14) closes above 200 and a short position when
CCI(14) closes below -200. The strategy opens one position per trading
day (Monday to Friday). It trades only when spread is lower than or
equal to 2 pips. The strategy uses EUR/USD currency pair on 1 Min
timeframe. SL is set at 55 pips, TP at 2 pips. Trade amount is
calculated as follows: amount = Equity / 10000 /
LastBidCandle.CandleOpen * 50 / defaultStopLoss - 0.1. The strategy
validates margin before weekend leverage comes into force and closes a
position if necessary.
Input parameters:
Name Value Description
defaultInstrument EUR/USD Instrument
defaultSlippage 2 Slippage (pips)
defaultStopLoss 55 Stop loss (pips)
defaultTakeProfit 2 Take profit (pips)
defaultPeriod 1 Min Time period
startDay 2 Week day to start trading
endDay 6 Week day to end trading
startHour 9 Hour to start trading (GMT)
endHour 15 Hour to end trading (GMT)
maxSpread 2 Maximum spread (pips)
cciValuePlus 200 LONG position condition
cciValueMinus -200 SHORT position condition