Oct2017

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The strategy is trend following strategy on EUR/USD. On retracement in bullish move and on bounce in bearish move, strategy opens the position in the direction of trend. All indicators used is on 10 and 15 minutes period having the best possible trade setup based on back testing. It first initialize all the variables and if then checks if market has medium volatility (ATR 4 period on 15 minutes is used). Then trend is identified if EMA 16 period(fast) is above or below 48 period(slow) EMA on 10 minutes chart. If EMA 16 is above EMA 48 the trade flow goes to buy loop and if below then it goes into sell loop. The entry is made on 2 CCI difference – one is 14 period and other is 7 period on 15 minutes chart. If 14 period CCI above 0( that means EUR/USD is bullish Provided 16 EMA above 48 period) and 7 period CCI below -100. Then CCI difference of 14 period and 7 period is taken into count. If the difference is above 110 then buy trade position will be opened. Same way for sell trade if CCI 14 period below 0 and CCI 7 period above 100(provided EMA 16 is below EMA 48) and difference is above 110, sell position is opened. This is main logic of the strategy. Further the strategy routine does validation if RSI above 55(on 10 minutes chart) for buy position and below 45 for sell position. Then it does validation on previous 4 candles (on 10 minutes chart) and one of the candles length should be above 2.75 pips (to avoid low volatility and false signal) and one of the candle should be green candle(buy candle, close should be higher than open) in case of sell trade initiation and red candle(sell candle) in case of buy trade initiation to avoid divergent signals. Also stochastics is used in strategy but it is not doing anything as of now. In future version, will need to see how stochastics indicator can be used for better trades. Strategy runs for 24 hours without any limitations, Take profit is 8 pips and stop loss is 50 pips. Default trade size is 15 million.
Version: Date: Status: Description:
3 31.10.2017 Not running Oct2017  Download
2 15.10.2017 Not running Oct2017  Download
1 01.10.2017 Comp. error Oct2017  Download
FXRabbit avatar
FXRabbit 4 Oct.

Good Strategy!

drferre avatar
drferre 13 Oct.

Very good!

RahmanSL avatar
RahmanSL 27 Oct.

Great strategy...should be good enough to win

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