SircrisVFX201403V3

The strategy is based on identifying overbought and/or oversold moments for the market entry. To do this, momentum indicators like RSI and ADX are used. At the same time, it is verified that the market in the long and medium term has a compatible trend with the entry type (BUY/SELL), for this purpose different moving averages are used with varying timeframes (1 hour, 4 hours & daily). The strategy is multi-instrument, this version is using the EUR/USD & EUR/JPY pairs, but future version could use more & different pairs. The strategy uses money management to determine the trade volume, but allows the entry of a fixed volume thus disabling money management. Finally, the strategy also uses a martingale to try to recover from a loss. The StopLoss:TakeProfit ratio is 9:1 unless the martingale is enabled. The strategy was designed exclusively for the Dukascopy Strategy Contest in March 2014, so will not work correctly in a different period. Remember that the use of a copied strategy violates the (4.d) section of the official contest rules (RCR).
Version: Date: Status: Description:
1 08.03.2014 Not running SircrisVFX201403V3  Download
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