TradingMathScience - is a Multi-CurrencyPair strategy following the
same one rule. Starts with checking default instrument as EURUSD and
defaultperiod as 5 minute. Gets Time in hours and days. No indicator
is used in the strategy although values for BBANDS are also fetched
for possible future variations. Strategy will function up TO
20 GMT hours Monday to Friday.
Trading Logic - If the Previous Candle (Shift 1) is more than 10 pips
Long then Trade will be opened. Short if Candle close less than
Candle
open. Long if Candle Close more than Candle Open. Previous Candle of
All Currency Pairs involving AUD EUR GBP NZD USD CAD CHF JPY are
checked by changing the default instrument turn by turn. The value of
the Variable Multiple is also changed which is used to calculate the
length of candle. For JPY pairs Multiple is 100 and for other pairs
Multiple is 10000. Which ever Currency Pair's Previous Candle meets
the above Condition Order is opened for that Currency Pair. Because
only one order can be opened the Strategy moves on to Check the Order
Closing conditions. Default SL is 20 pips. TP is 499 pips. Trade
Amount is Equity divided by 20000.
If Profit is more than 11 pips SL moved to -5 pips. More than 75 pips
SL moved to -60 pips. More than 99 pips SL moved to -84 pips. Orders
closed after 20 GMT if Profit more than 5 pips and less than 99 pips
Monday to Thursday. Orders closed after 18 GMT if Profit more than 5
pips on Fridays.
Logical Error - The Variable Hours is actually picking up the Date of
the Month because I forgot to change the settings to hour. So this
strategy would be functioning up to 19th April only irrespective of
the results.