JAN2015

My strategy is designed to catch TRENDS an works with simple indicators : ATR (average true range ) and SMA (simple moving average) ATR used is 2 periods and 48 periods .Sma used is 50 period and 150 periods Time frame is 5 minutes . We are using sma to open trades and atr to close trades OPEN TRADES : if sma 50 is above sma 150 then buy , if sma 50 is below sma 150 then sell CLOSE TRADES : if atr 2 is above atr 48 then close the current open trades . The logic is if it's not monday or friday then open a trade with the sma if and only if there is not an open trade .If there is and open trade then we check ATR to close trades if necesseray indicators description :Sma is used because its a simple and efficient way to follow trends, ATR is used to adjust next entry to "price action" if a candle have an atr greater in the short term (2) than in the long term (48 ) it menas that something is happening (climax in the trend ) , its better to close the trade to breathe 5 mn and after that a new trade will be opened in the trend with new TakeProfit and StopLoss (closer of the recent price action ) I added other calculations such as "get time unit " , it will permit trading only if the day is not monday or friday , because during those periods we can have considerable lag on simplemoving average and it can causes many false signals . I also added a money management unit for the contest in order to maximise profits if the strategy is successful : if equity is below 233.000$ the trade with 5 million size if it's above then trade with 10 millions size settings : 5 mn time frame in order to trade quickly after a closed trade .GBPAUD is the pair traded because it's probably the most volatil pair on forex market ; TAKE PROFIT is set to 50 and stop loss at 100 to produce statistical edge
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1 18.12.2014 Not running JAN2015  Download
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