FXdream's contest profile
| Current place |
32
|
| Current month's P&L, USD |
Real increase of capital in the current month
-
|
| Max. draw-down |
Max. draw-down value for the selected month. Calculation is done once per day (on settlement)
-
|
| Total prizes won |
Total prizes won during all months of participation in the contest
25 500$
|
| Total score gained |
Total score gained during all months of participation in the contest
3152 points
|
INDICATORS: Bollinger Bands and Relative Strength Index (RSI).
INDICATOR TIME PERIODS: 20-days and 7-days.
TIME FRAME: 5 minutes.
CURRENCY PAIR: EURUSD.
STOP LOSS & TAKE PROFIT: none
LOT SIZE: 4m
I've very simple approach in my strategy.My Strategy is based on 2
technical indicators Bollinger Bands and Relative Strength Index
(RSI). Upper or lower Bollinger Band being breached to the downside or
upside (lower or higher BB).Parameters involve using a 18-periods. RSI
indicator moves being breached to the downside or upside (moves below
30 or above 70 level).Parameters involve using a 7-periods. I used 5
minutes time frame of the Pair EURUSD.It trigger a sell order when
price closes outside of the Bollinger Bands and RSI above 70 level ,
the current candle's close price > upper Band and rsi > upper
line,since it is believed that the currency is overbought. A buy order
when the current candle's close price < lower Band and rsi < lower
line (moves below 30 level), since it is believed that the currency is
oversold. I've no stop loss and no take profit.
Cumulative Profit/Loss dynamics
Selected period:
01.09.2024
-
30.09.2024
| Standings (points): |
|
23 (247) |
| Performance, $ (points): |
|
123,23K$ (181) |
| Drawdown, % (points): |
|
38.33% (31) |
| Bonuses: |
|
35 |
| Average Profit Trade: |
|
3,67K$ |
| Average Loss Trade: |
|
-7140$ |
| Profit factor: |
|
0,00K |
| Number of trades: |
|
12 |
| Traded volume: |
|
107,78M$ |