APlus

APlus - Multicurrency Strategy based on same principle. If the last bid candle is more than 5 pips long then entry would be considered otherwise default instrument would be changed. A total of 28 currency pairs involving AUD EUR GBP NZD USD CAD CHF JPY are in play. Time Period 15 mins. Indicators DEMA(200), Bbands(20, 2, 2 DEMA), RSI(14). If Last bid Candle closes above CandleOpen, DEMA(200), Middleband and last tick is below Middleband and RSI(14) below 50 Long position will be opened. For Short position Candle closes below CandleOpen, DEMA(200), Middleband and last tick above Middleband and RSI(14) above 50. Trading happens Everyday prior to 20:00 GMT. After that any trades open will be closed if in profit 5 pips or more. SL 16 TP 496. If trade goes below -5 pips TP is set to 6 pips. If trade goes above 36 pips SL set to -32. If the long trade hits upper band of Bbands(20) it is closed. Or if Middleband goes below DEMA(200) its closed provided profit is more than 5 pips. Similarly if Short trade hits the lower band of Bbands(20) it is closed. Or if Middleband goes above DEMA(200) with Profit 5 pips or more trade is closed.
Version: Date: Status: Description:
2 01.04.2019 Not running APlus  Download
1 31.03.2019 Executed APlus  Download
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