newfor2018

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The Strategy is trend following strategy(on pullback in bullish or bounce in bearish market) for EUR/USD , EUR/JPY and USD/JPY. Trend is identified if 16 period SMMA is above (bullish) or below (bearish) 48 period SMMA on 10 minutes chart. Combination of 10 and 15 minutes indicators are used for best possible trade setup based on back testing. Triggger for trade opening is 2 CCI differences- one is 14 and other is 7 period on 15 minutes chart. If difference above 110 and CCI 7 below -100(provided cci 14 period is positive) then buy position is opened, vice versa(CCI 7 period above 100 and CCI 14 negative) for sell position. Other indicators such as RSI, Stochastics, one of the previous 4 candles above 2.75 pips and ATR 4 periods(15 minutes) are just validation to get best trade set up and to avoid divergent signals. Also setups for each pair is slightly different based on back test but for each pair it is symmetrical for buy and sell. It is slightly complex strategy. Strategy runs for 24 hours without any limitations, Take profit is 6 pips and stop loss is 50 pips. Default trade size is 15 million. It works well in some months when everything is favorable. Use the strategy at your discretion in live account. No Strategy can be fully perfect in all months. I have to find 1-2 more strategies for months where probability of failure of this strategy is high. So lets see where I am after a year in my strategy creation quest. For october 2023 version 1 was used.
Version: Date: Status: Description:
5 04.04.2021 Not running newfor2018  Download
1 31.01.2018 Comp. error newfor2018  Download
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