Strategy "BB2018contest" is traiding against trend and using
corrective
waves
to get profit.
Strategy is based on Bolinger Band indicator and last Candle Close
Price . The starategy is able to trade only EUR/USD with period 15
minutes.
Strategy logic: First of all it check if period equal 5 minutes and
currency pair is equal EUR/USD. It check if there is no open
position.
Bolinger Band indicator settings: Period : 30 minutes, time perion:
20
candles, shift: 1 candle.
(Settings was choosen as best sutable for contest, after back testing
this strategy on several periods)
If last candle close price is above upper BBand this is signal to
open
SELL position .
If last candle close price is below lower BBand this is signal to
open BUY position .
TP 40 pips / SL 30 pips / Lot size 0.6 millions (But multiplyed by
1.7
after every lose position and becoming 0.6 after win position).
corrective
waves
to get profit.
Strategy is based on Bolinger Band indicator and last Candle Close
Price . The starategy is able to trade only EUR/USD with period 15
minutes.
Strategy logic: First of all it check if period equal 5 minutes and
currency pair is equal EUR/USD. It check if there is no open
position.
Bolinger Band indicator settings: Period : 30 minutes, time perion:
20
candles, shift: 1 candle.
(Settings was choosen as best sutable for contest, after back testing
this strategy on several periods)
If last candle close price is above upper BBand this is signal to
open
SELL position .
If last candle close price is below lower BBand this is signal to
open BUY position .
TP 40 pips / SL 30 pips / Lot size 0.6 millions (But multiplyed by
1.7
after every lose position and becoming 0.6 after win position).