AA2

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AA2 is a trend strategy, which is based on 2 indicators ADX (24) and Alligator, using GBP/USD for trading. Trading logic consists in following the trend on a 1-hour chart using the location of Alligator lines. It starts to trade at 5 am GMT and If the Alligator’s lips (green line) are higher than the Alligator’s jaw (blue line) opens a long position, otherwise makes a short position. When Alligator indicator widely opens its mouth, there is a strong price movement up or down while ADX indicator shows the strength of any trend in the digital value. The strategy considers that potential of a trend movement is relatively high when the ADX(24) is less than 30 points, so ADX (24) is used to change basic 5M trading volume to 1M when a trend is weak. Trading hours: 5 - 16 GMT, SL 70 pips, TP 75 pips, trailing step 50 pips.
Version: Date: Status: Description:
4 11.10.2019 Not running AA2  Download
3 20.09.2019 Executed AA2  Download
2 06.08.2019 Executed AA2  Download
1 06.08.2019 Not running AA2
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