AAA3 is a trend strategy, which is based on 3 indicators ADX, ATR and
Alligator using GBP/USD. 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 3M trade volume (or 2M trade volume in cases when price
goes against a trend on daily chart according to ema200 ) to 1M when a
trend is weak. Trading hours: 5 - 16 GMT, SL 100 pips, TP 70 pips,
trailing step 10 pips. ATR is used to avoid low volatility trading.