This Strategy is very simple and very effective i tested this
strategy
month on month only in eurchf the outcome of this is very
impressive,might be i not get winning scene in strategy contest but
this in real practical life this strategy give normally 10% return,so
i stick with strategy only in EURCHF pair. simple logic based on
Bollingfer band and Willanm % R is based on overbought and oversold
logic but sometime market run on trend of which is called expansion
in
pair or bull side or bear side so to prevent trap from such expansion
i filtered this logic with percentage bollinger band after using
Percentage bollinger band indicator this strategy makes so perfect
and
my strategy only gives good result only in EURCHF pair , i also
tested to others but outcome is not so good,so i stick with only
EURCHF. The logic and and value and volume are like these:
Version 1 run for first 3 week of month and last week run Version2.
Indicators: 1)Bollinger Band(20,2,2), 2)William % R(14), 3)Percentage
Bollinger Band(20,2).
Pair : EURCHF
Version 1.
Time Frame: 60 min (Hourly)
TP:10PIP
SL:300PIP
volume: 20mn according to free margin its get max trade.
Logic:
Buy: If Hourly Candle Close above LOwer Bollinger Band and PBB BELOW
10 and Willam %R below -10
SELL: If HOurly Candle closed below Upper bollinger band and PBB
VALUE
Greater then 90 and Willam % R value greatrher then -90
Version 2.
TimeFrames: 30 MIn.
TP: 3PIP
SL: 7PIP
Volume : 20mn according to free margin its get max trade.
LOGIc:
Buy: If 30 min Candle Close above LOwer Bollinger Band and PBB BELOW
20 and Willam %R below -20.
SELL: If 30 min Candle closed below Upper bollinger band and PBB
VALUE
Greater then 80 and Willam % R value greatrher then -80.