ForExpress - is a Multi-CurrencyPair strategy following the same one
rule. Starts with checking default instrument as EURUSD and
defaultperiod as 1 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 5 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
20 pips SL moved to -11 pips. More than 49 pips SL moved to -41 pips.
More than 75 pips SL moved to - 60 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.
SL moved to -84 pips if Profit more than 99 pips.