AllRight - is a Multi-CurrencyPair strategy following the same one
rule. Starts with checking default instrument as EURUSD and
defaultperiod as 15 minute. Gets Time in hours and days. values for
BBANDS(20,1.6,1.6) are also fetched for possible future variations.
Strategy will function up TO 20 GMT hours Monday to Friday. Trading
Logic - If the last bid Candle is more than 5 pips Long then
Trade will be opened. Short if Candle close less than Candle open.
And
last tick bid below the middle band Long if Candle Close more than
Candle Open. And last tick bid above middle band. Last bid 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 Last bid 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 10000. 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.