Strategy is based on the opening trades using MACD(12 26 9) momentum
indicators and Historical Candles. The strategy works for both side
trades opening. The strategy is adjusted to open orders one time per
15min. in case the all parameters set are in line. Just one order
could be opened simultaneously. I use 15 min. period for both MACD(12
26 9) indicators and 4 h. period for Historical Candles. First of all
the strategy evaluates number of open positions. When open positions
amount is zero the strategy evaluates two momentum indicators, i. e.
15 min. MACD(12 26 9) indicators. At the same time it waits for
Historical Candle opening and closing. If the height of Historical
Candle is more than 15 pips and less than 2 pips the strategy does
not
open any position. Shift integer parameter of the Historical Candles
is set to 1 and 2. The indicators work as follows: if the MACD hist
on
15 min. MACD with shift integer 1 is above the 0 and MACD hist on 15
min. MACD with shift integer 2 is below the 0, a buy position is
being
opened. And the same logic works in contrary. I use EUR/USD pair
just
because I am watching it for a quite long time, so in comparison with
other currency pairs the movement of EUR/USD is better known for me.
More over the EUR/USD volatility is not too high and it significantly
decreases the risk of big losses. I have set changeable TP and SL
values. However, the initial SL has been set at 30 pips, in my
opinion
it’s the optimal figure taking into account the recent volatile
market. The low settings of SL in such a situation could lead to
often
and significant losses. The initial TP has been set at 6 pips, it was
configured by my personal experience I gained working with EUR/USD.
The initial trade volume has been set at 10 lots.
indicators and Historical Candles. The strategy works for both side
trades opening. The strategy is adjusted to open orders one time per
15min. in case the all parameters set are in line. Just one order
could be opened simultaneously. I use 15 min. period for both MACD(12
26 9) indicators and 4 h. period for Historical Candles. First of all
the strategy evaluates number of open positions. When open positions
amount is zero the strategy evaluates two momentum indicators, i. e.
15 min. MACD(12 26 9) indicators. At the same time it waits for
Historical Candle opening and closing. If the height of Historical
Candle is more than 15 pips and less than 2 pips the strategy does
not
open any position. Shift integer parameter of the Historical Candles
is set to 1 and 2. The indicators work as follows: if the MACD hist
on
15 min. MACD with shift integer 1 is above the 0 and MACD hist on 15
min. MACD with shift integer 2 is below the 0, a buy position is
being
opened. And the same logic works in contrary. I use EUR/USD pair
just
because I am watching it for a quite long time, so in comparison with
other currency pairs the movement of EUR/USD is better known for me.
More over the EUR/USD volatility is not too high and it significantly
decreases the risk of big losses. I have set changeable TP and SL
values. However, the initial SL has been set at 30 pips, in my
opinion
it’s the optimal figure taking into account the recent volatile
market. The low settings of SL in such a situation could lead to
often
and significant losses. The initial TP has been set at 6 pips, it was
configured by my personal experience I gained working with EUR/USD.
The initial trade volume has been set at 10 lots.