august2017

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Description of indicator: This strategy is based upon on a combination of Alligator(setting 13,8,5) and DMI (parameter setting 14) a well known indicator. Timeframe: This strategy works better in 30 minute time frame. Currency pair: To get signals you need a trending market so the currency pair I used is GBPJPY. Trading logic: it creates a buying position when a new candle opens above alligator jaw and adx is rising above 21. And it create a Selling position when position when a new candle opens below alligator jaw and adx is rising above 21. Method of traded Volume: I used a fixed volume of 5 lot amount to trade with.Takeprofit and stoplos: Initial take profit is set at 50 and stoploss is 125. However ,everytime when TP is reached 21, it will set stoploss to -10 to minimize the loss if market reverse.
Version: Date: Status: Description:
1 25.07.2017 Not running august2017  Download
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