RSI8hourJPY (ver. 4) Not running

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Strategy works on USD/JPY, on european trading session. After 1 hour of opening in London, opens one trade on usd/jpy. Used simple condition for opening, taking RSI on timeframe 5minutes with period of 6. If RSI is more then 70, then open buy position, if RSI is lower then 30, then open sell postion. Usd/jPy should be more patient in european session, script catches fast movements in the half-hour interval, and closes a small take profit to make a profit. The quiet hour between European and American sessions helps to make this small profit, and slightly reduces the chance of getting a margin call. Lot of position is maximal, take profit is 4 pips, stop loss is 70 pips. Plus of such strategy that drawdown is saved with maximum 50 points.

Cumulative Profit/Loss dynamics

Selected period: 01.05.2020 - 31.05.2020

Full Stats

Standings (points): 3 (274)
Performance, $ (points): 196,23K$ (189)
Drawdown, % (points): 1.11% (49)
Bonuses: 36
Average Profit Trade: 4,88K$
Average Loss Trade: 0$
Profit factor: 4,88K
Number of trades: 22
Traded volume: 601,79M$
FX_Riper avatar
FX_Riper 30 Jan.

nice system ...

yellownight avatar

hmm, strategy opens new, not planned orders

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