Mughal1

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The strategy is based on identifying overbought and/or oversold moments for the market entry. To do this, momentum indicators like RSI Lower Bands and Upper Bands SMA 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 hours . The strategy is two-instrument, this version is using the EURUSD Second GBPUSD in the second strategy, see below), in future versions 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. The strategy is selective in terms of the time to trade. it is a trend strategy on the ANY (2) pair and uses Mov average (H1), If price RSI 14 indicators Upper Bands Higher RSI 72 then sell of Pairs If RSI 14 indicatore Lower Bands go to lower RSI 27 then buy order pairs to trade following the trend, The Middle Band 50 will only help to confirm a trend so this strategy is based in RSI The Lower and Upper Bands indicators is used to identify a new trend of warn of extreme conditions, measuring overbought and oversold levelsit trade only when the main strategy does not trade,but is very strict and could do very little or even no trades during the month, the SL:TP ratio of this strategy is 6.3. slipPage set to 9 Finally, the strategy also uses a martingale to try to recover from a loss. The Stop Loss 45 no limit set: Take Profit ratio of the main strategy is 10 pip except if the martingale is used. The version 2.12 fixes a bug in the trade time range. The strategy was designed exclusively for the Dukascopy Strategy Contest in May 2017,
Version: Date: Status: Description:
8 03.08.2017 Not running Mughal1  Download
7 30.07.2017 Executed Mughal1  Download
6 18.05.2017 Not running Mughal1  Download
5 01.03.2017 Executed Mughal1  Download
4 01.12.2016 Comp. error Mughal1  Download
3 31.08.2016 Comp. error Mughal1  Download
2 17.05.2016 Not running Mughal1  Download
1 29.02.2016 Not running Mughal1  Download
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