AConte16

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Strategy description: Strategy does not use indicators, it is based on the use of long shadows 1M candles, for this purpose take the last six 10sec candles. EUR/USD pair, 10sec time period. Strategy places short pending order when during 1 min. (last six 10sec candles) shadow (Max - Close and Max - Open) >4.5 pips and shadow Max => High (last 51 candles 1M) - 0.5 pip and shadow Max < High (last 31 candles 10M) + 11 pips and last 10M candle (Close - Open) < 20 pips. Pending order is placed on the value = shadow Max - 1 pip. Strategy places long pending order when during 1 min. (last six 10sec candles) shadow (Close - Min and Open - Min) >4.5 pips and shadow Min =< Low (last 51 candles 1M) - 0.5 pip and shadow Min > Low (last 31 candles 10M) - 11 pips and last 10M candle (Open - Close) < 20 pips. Pending order is placed on the value = shadow Min + 1 pip. Initial TP=27 pips and SL=60 pips. Further, if profitloss => 7 pips SL=open price +1 , if profitloss => 15 pips SL=open price +3 , if profitloss => 20 pips SL=open price +10. If profitloss < -20 pips TP=open price +1 pip , if profitloss < -40 pips TP=open price. Trade amount =7.5M . Strategy places pending orders from Monday till Friday 19:00 UTC. Pending positions are closed forcibly on Friday 19:01 UTC. Open positions are closed forcibly on Friday 19:55 UTC.
Version: Date: Status: Description:
1 29.03.2016 Not running AConte16  Download
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