hello traders.
i won last month 3rd place on strategy contest and here is the explaining of the strategy i used .
the explaining of the strategy :
This strategy works in specific time between 00:00 GMT to 12:00 GMT .
Strategy work on one pair gbp/usd only in time frame 5 minutes with trade amount 15M , slippage 5 pips , stop loss = 100 pips ,take profit = 6 pips .
the concept of the strategy :
Strategy open every day around 1-2 trades in Asian session and part of European session .
to scalping small pips using high lot before any crazy moves happen so it might open and close very fast in Asian and part of European session every day .
The Used Indicators :
The strategy depend on these indicators ( EMA , PLUS_DI , STOCH , DMI , ADXR ) .
I found this combination of indicators on that 5 minutes chart only works best to scalping small pips in a very short time . because like I said The purpose of it to get few pips in short period of time and avoid risk of the big take profits . and you can see I have only one losing trade the whole month .
How it Works :
Strategy open buy trades in this case :
PLUS_DI > 4 , ADXR > 8 , DMI > 11 , STOCH (SLOWD) < 20 , Candle close > EMA 28 .
and here is some charts shows the buy entry points and closing on tp fast .
and Strategy open sell trades in this case :
PLUS_DI < 96 , ADXR < 92 , DMI < 89 , STOCH (SLOWD) > 80 , Candle close < EMA 28 .
and here is some charts shows the sell entry points and closing on tp fast .
that's all guys and at the end i would like to thank duakscopy for this opportunity and good luck to all traders .
i won last month 3rd place on strategy contest and here is the explaining of the strategy i used .
the explaining of the strategy :
This strategy works in specific time between 00:00 GMT to 12:00 GMT .
Strategy work on one pair gbp/usd only in time frame 5 minutes with trade amount 15M , slippage 5 pips , stop loss = 100 pips ,take profit = 6 pips .
the concept of the strategy :
Strategy open every day around 1-2 trades in Asian session and part of European session .
to scalping small pips using high lot before any crazy moves happen so it might open and close very fast in Asian and part of European session every day .
The Used Indicators :
The strategy depend on these indicators ( EMA , PLUS_DI , STOCH , DMI , ADXR ) .
I found this combination of indicators on that 5 minutes chart only works best to scalping small pips in a very short time . because like I said The purpose of it to get few pips in short period of time and avoid risk of the big take profits . and you can see I have only one losing trade the whole month .
How it Works :
Strategy open buy trades in this case :
PLUS_DI > 4 , ADXR > 8 , DMI > 11 , STOCH (SLOWD) < 20 , Candle close > EMA 28 .
and here is some charts shows the buy entry points and closing on tp fast .
and Strategy open sell trades in this case :
PLUS_DI < 96 , ADXR < 92 , DMI < 89 , STOCH (SLOWD) > 80 , Candle close < EMA 28 .
and here is some charts shows the sell entry points and closing on tp fast .
that's all guys and at the end i would like to thank duakscopy for this opportunity and good luck to all traders .