SircrisVFX202108

The strategy is based on identifying overbought and/or oversold moments for the market entry. To do this, momentum indicators like RSI and ADX are used. At the same time, it is verified that the market in the long and medium term has a compatible trend with the entry type (BUY/SELL), for this purpose different moving averages are used with varying timeframes (1 hour, 4 hours & daily). The strategy is multi-instrument, this version is using the EUR/JPY & EUR/USD pairs (plus GBP/USD in the second strategy, see below), but future versions could use more & different pairs. The strategy uses money management (MM) to determine the trade volume, but allows the entry of a fixed volume thus disabling money management. The strategy is selective in terms of the time to trade. This version includes a second strategy inside the main strategy, it is a trend strategy on the GBPUSD pair and uses Mov average (H1), RSI and the last candles to trade following the trend, it trade only when the main strategy does not trade, is symmetric of course, but is very strict and could do very little or even no trades during the month, the SL:TP ratio of this strategy is 9:5. Finally, the strategy also uses a martingale to try to recover from a loss and Spread Control to avoid high spreads market conditions. The StopLoss:TakeProfit ratio of the main strategy is 9:1 except if the martingale is used. In this version MM is used and the volume of each trade is calculated as follows: (initialEquity*riskAux1/Equity+dayOfMonth+1)*risk1Var+risk2Var. In this version riskAux1 == 2.0, risk1Var == 0.1875 and risk2Var == 2.25. The strategy was designed exclusively for the Dukascopy Strategy Contest in August 2021, so will not work correctly in a different period. Remember that the use of a copied strategy violates the (3.5) section of the official contest rules (RCR). Never use a "contest" strategy in a live "real" account.
Version: Date: Status: Description:
1 01.08.2021 Not running SircrisVFX202108  Download
ForexAlyoum avatar

i think if you win will not get your prize as what
they did with me when cuz i used 2 strategy at once like you

sircris avatar
sircris 17 Aug.

Thank you for your comment. I have been competing in the Dukascopy contest since 2011, with the current strategy I have won multiple prizes (including 4 first places). You were NOT disqualified in November of last year and in February 2018 for using 2 strategies. You were disqualified because your strategy (Dec_MR_Mamoin) produces a decrease in volume for most trades at 10%. Of the 35 trades in November 2020, only 11 trades had the volume provided by the “tradinglot” variable and the remaining 24 trades had a volume of 10% (“scalping” variable).

sircris avatar
sircris 17 Aug.

With this you only wanted to reach the 20 required trades “without risk”. This is clearly prohibited by the programming rules (3.C). Also you did not use 2 different strategies, your strategies basically varied in lot size.
My strategy has 2 totally different strategies (an overbought and oversold strategy and the other is a trend strategy), but the volume is calculated in exactly the same way for both, and also the volume formula is always increasing (not decreasing).
Good luck-

ForexAlyoum avatar

Thank you for your reply, i wish you all the best this month , may i ask you if i add another strategy to my BTMM to generate the minimum trades 20 which required to win as i think it will generate max 10 or 12 , may i win this month ?

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