RSIMACD_2022_30_Cont 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 Daily 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 15
lots.

Translate to English Show original