This strategy trades EURUSD using the ARRON indicator and three SMAs
(20, 55 and 100). To open a buy order, it requires the 100-SMA below
the 55-SMA, the 55-SMA below the 20-SMA, the 20-SMA below the last
candle close price and the arronDown below the arronUp. To open a sell
order, it requires the 100-SMA above the 55-SMA, the 55-SMA above the
20-SMA, the 20-SMA above the last candle close price and the arronDown
above the arronUp. If the last closed order profit loss is positive,
the following order is submitted with the default trade amount. If the
last closed order profit loss is negative, the following order gets
the previous order direction (sell or buy) and the respective trade
amount is increased by 3 times the previous closed order trade amount.
Opening orders with default trade amount is allowed between Monday to
Thursday 21 GMT. Opening orders with an increased trade amount is
allowed between Monday to Friday 15 GMT. Default trade assigns: take
profit 30 pips; stop loss 30 pips; slippage 5 pips; and period 15
minutes. These previous default assigns are valid for both orders
assigned with a default trade amount and orders assigned with an
increased trade amount. The default trade amount is 0.9 million. The
previous mentioned default trade amount remains unchanged if the
current equity is equal or higher the 100K USD. If equity is below
100K USD the trade amount is calculated based on the following
expression: trade amount = default trade amount ^ equity USD / 100K
USD. If there is a settled order during the week (strictly before
Friday 17 GMT) and the use of leverage reaches values equal or higher
than 155%, the settled order is closed. If there is a settled order
after Friday 17 GMT and the used of leverage reaches values equal or
higher than 55%, the settled order is closed. If equity moves below
25K USD, the strategy stops automatically.