fx_lmcapStrategyOct2021

The strategy trades the GBPUSD in a 5-minutes period. There are 2 types of orders: 1st entry orders (Orders Type A) for which the trade amount is calculated according to the formula: ‘Default Trade Amount’ x ‘Equity’ / 100000 ('Default Trade Amount' = 0.75 million); and repositioning orders (Orders Type B) for which the trade amount is calculated according to the formula = ‘Previous Closed Order Trade Amount’ x 3. The signals generated by the algorithm to trade the Orders Type A follow the Stochastic Oscillator (STOCH) and the Bollinger Bands (BBANDS). The Orders Type A are traded from Monday to Thursday and from 6 AM to 12 noon. To open a sell Order Type A, the following conditions have to verify: STOCH(shift0) equal or higher than 90; STOCH(shift1) equal or higher than 80; STOCH(shift2) equal or higher than 70; Last Tick equal or higher than the BBANDS(shift0 – upper band); BBANDS(shift0 – upper band) equal or higher than BBANDS(shift1 – upper band); BBANDS(shift1 – upper band) equal or higher than BBANDS(shift2 – upper band); the spread equal or lower than 2 pips; the difference between the daily high and the daily low is equal or higher than 25 pips; the gap between two consecutive orders has to be equal or higher than 60 minutes. To open a buy Order Type A, the following conditions have to verify: STOCH(shift0) equal or lower than 10; STOCH(shift1) equal or lower than 20; STOCH(shift2) equal or lower than 30; Last Tick equal or lower than the BBANDS(shift0 – upper band); BBANDS(shift0 – upper band) equal or lower than BBANDS(shift1 – upper band); BBANDS(shift1 – upper band) equal or lower than BBANDS(shift2 – upper band); the spread equal or lower than 2 pips; the difference between the daily high and the daily low is equal or higher than 25 pips; the gap between two consecutive orders has to be equal or higher than 60 minutes. The Orders Type A have the following assignments: take profit @ 30 pips; stop loss @ 30 pips; slippage @ 1 pip. If the equity falls below 99.000 EUR, the take profit is set @ 60 pips. The Orders Type B have no schedule restrictions. These are opened when the previously closed order was non-profitable and only if the difference between the daily high and the daily low is equal or higher than 25 pips. When an Order Type A is closed with profit loss, a new order, an Order Type B is opened with the following assignments: take profit @ 31 pips; stop loss @ 30 pips; slippage @ 1 pip. If the 1st Order Type B is closed with profit loss, a new order, the 2nd Order Type B is opened with the following assignments: take profit @ 29 pips; stop loss @ 75 pips; slippage @ 1 pip. If the Use Of Leverage rises above 175%, the order in the market is closed automatically.
Version: Date: Status: Description:
3 05.12.2021 Executed fx_lmcapStrategyOct2021  Download
2 04.10.2021 Not running fx_lmcapStrategyOct2021  Download
1 30.09.2021 Not running fx_lmcapStrategyOct2021  Download
fx_lmcap avatar
fx_lmcap 11 Oct.

V2(0): The Orders Type A have the following assignments: take profit @ 3 pips; stop loss @ 125 pips. Even when equity falls below 99.000 EUR, the take profit is still set @ 3 pips.

fx_lmcap avatar
fx_lmcap 11 Oct.

V2(1): The above description summarizes the main differences compared to V1. In other words, the algorithm is set to trade based on single orders. If an Order Type B is opened, the Equity will already have fallen a lot.

fx_lmcap avatar
fx_lmcap 5 Dec.

V3(1): The strategy trades the GBPUSD in a 1-minute period. The ‘Default Trade Amount’ = 0.075 million. The Orders Type A have the following assignments: take profit @ 30 pips; stop loss @ 25 pips.

fx_lmcap avatar
fx_lmcap 5 Dec.

V3(2): If the 3rd Order Type B is closed with profit loss, a new order, the 4th Order Type B is opened with the following assignments: take profit @ 29 pips; stop loss @ 75 pips; slippage @ 1 pip.

fx_lmcap avatar
fx_lmcap 5 Dec.

V3(3): The above description summarizes the main differences compared to V1. In other words: the algorithm V1 is set to trade based on (x1) Order Type A + (x1) 1st Order Type B + (x1) 2nd Order Type B; the algorithm V3 is set to trade based on (x1) Order Type A + (x1) 1st Order Type B + (x1) 2nd Order Type B + (x1) 3rd Order Type B + (x1) 4th Order Type B.

orto leave comments


(few words about added changes)

(example: 1.1, beta, alpha)