Krypteia was an ancient Spartan military formation in which only
figured the best warriors. This strategy trading system is based on 2
momentum indicators, a “Krypteia of momentum indicators”. The 2
momentum indicators are: the Williams Percent Range (WPR) and the
Stochastic Oscillator (SO).
The strategy trades EURJPY and opens new orders from Monday to
Thursday between 08 GMT and 17 GMT. To open a buy order, 2 conditions
need to be satisfied: WPR lower than [-90] and SO lower than [20];
while to open a sell order, 2 conditions need to be satisfied: WPR
higher than [-10] and SO higher than [80]].
On an intraday basis, the settlement of an order is allowed only if
there is a difference equal or higher than 2 hours between the current
hour and the previous order hour close. If the previous order was
closed in the previous day, the settlement of a new one is allowed in
the current day.
Default assigns: take profit 5 pips; stop loss 358 pips; period
1-hour. The trade amount is calculated based on the following
expression: amount = 8 million * Equity / 100 000 USD.
If there is an open order, the strategy closes it: when there is a use
of leverage higher than 45% on Fridays between 17 GMT and 18 GMT; and
whenever there is a use of leverage higher than 175% during the week
and strictly before Friday 17 GMT. When equity decreases below the
25.000 USD the strategy stops automatically.