CANDLEOCMAR15

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(Trading Logic. Where and how strategy trades. Its uses past 4 candles to make logical trades.Upon satisfying the the condition =>if(close1>open1 & close 2>open 2 & close3>open3 & close4>copen4 & close4>open0 ) =>then buy equal or more than 1 million EUR/USD with 15 pips take profits and stoploss 300. else sell equal or more than 1 million EUR/USD with 15 pips take profits and stoploss 300.) (Description of patterns that i am trading. Candles has been used to identified short term trend.4 past candles are used to look up recent trend and trigger buy or sell according to trend.) (Description of indicators Currently not using any indicators but in future i can add indicators to improve strategy.) (Time frames This strategy is designed for intraday trading and that's why 10min time frame has been chosen.) (currency pairs EURO AND USD are two currencies which are traded globally with high volumes and very popular among many trader, thus chosen it.) (Take Profits and Stoploss Range of pips is very small in 10 minutes time frame and that's why Take profits of 15 pips has been settled in this strategy. Basically this strategy used trend to find possible orders and in my experience trend is like friend and all traders trade with trend and generally not put stoploss,so chosen 300 sl(can be 0 also) ) (Other settings Not other setting has been put in this strategy but can be update in future.)
Version: Date: Status: Description:
2 10.03.2015 Not running CANDLEOCMAR15  Download
1 01.03.2015 Comp. error CANDLEOCMAR15  Download
alex19920821 avatar

"close3>close3" -  Is that possible?

sukeshroy avatar
sukeshroy 25 Mar.

its close3>open 3,mistakes while writing

sukeshroy avatar

In programing rules 3c it is written "It is strongly prohibited to set any equity targets and switch the strategy into 'hibernate mode'.Hibernate mode is to stop the strategy after specific equity .i have not stopped my strategy after certain equities.when some one can increase lot to make more profits and get in top position then , is it violation?.There is no where written in rules that we cannot reduce lots or volumes.In  strategy contest  we are allow to change strategy only one time within month.I have changed my strategy as Dukascopy allow.@CommunitySupport

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