LondonOpen_March17

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The principle behind the "London Open Strategy" is to trade in the direction where the profis push the currency pair after the london session has open [GTM 8am]. Trading pairs are EURUSD, USDJPY, GBPUSD and EURJPY. The strategy check different conditions for the last 1h bar [GTM 8am]. 1. The bar is long. 2. The bar close over the SMA[1h]. 3. The spread must be below 2 pips. 4. The bar close over the SMA[Daily]. 5. The current daily bar is long. 6. The bar has a small and not too big correction. 7. The bar has the highest high since 3 periods. Contrary for short orders. The system trades the trading pair with the most conditions. Minimum trading condition are the first four from the list, but after a lost or end of month orders with less condition could be allowed. If no order could be created, then it check also the new york session[GTM 13] with the same conditions. On the first friday of month (US Non Farm Payroll News) and on friday afternoon, to avoid of lower leverage for weekends, no orders are created. The strategy makes sure, that at least 20 orders are traded. After a loss, the strategy trade a new order in the opposite direction from the loss trade and the takeprofit for the future orders will be rise up.
Version: Date: Status: Description:
2 23.03.2017 Not running LondonOpen_March17  Download
1 26.02.2017 Executed LondonOpen_March17  Download
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