LondonOpenEURUSDMay18

The principle behind the "London Open Strategy" is to trade in the direction where the profis push the currency pair after the london session has open [GTM 8am]. Trading pair is EURUSD. If price breaks above the high of the last 3 bars (from the asia session) the system open a long order. If price breaks below the low of the last 3 bars (from the asia session) the system open a short order. The system trades also the new york session[GTM 13] with the same condition, if no order is running. On friday, to avoid of lower leverage for weekends, no orders are created. After a loss, the strategy trade a new order in the opposite direction from the loss trade. The takeprofit will be rise up to compensate the loss. After compensate the loss, the takeprofit is set back to normal takeprofit [6 Pips]. The strategy makes sure, that at least 20 orders are traded. If not enough orders could be created, because of no condition or long running orders, another substrategie opens at the last trading day orders after 1h bar. If the one hour bar is long a long order is created with a takeprofit of 3 Pips. If the one hour bar is short a short order is created with a takeprofit of 3 Pips.
Version: Date: Status: Description:
2 29.05.2018 Comp. error  Download
1 29.04.2018 Executed The principle behind the "London Open Strategy" is to trade in the direction where the profis push the currency pair after the london session has open [GTM 8am]. Trading pair is EURUSD. If price breaks above the high of the last 3 bars (from the asia session) the system open a long order. If price breaks below the low of the last 3 bars (from the asia session) the system open a short order. The system trades also the new york session[GTM 13] with the same condition, if no order is running. On friday, to avoid of lower leverage for weekends, no orders are created. After a loss, the strategy trade a new order in the opposite direction from the loss trade. The takeprofit will be rise up to compensate the loss. After compensate the loss, the takeprofit is set back to normal takeprofit [6 Pips]. The strategy makes sure, that at least 20 orders are traded. If not enough orders could be created, because of no condition or long running orders, another substrategie opens at the last trading day orders after 1h bar. If the one hour bar is long a long order is created with a takeprofit of 3 Pips. If the one hour bar is short a short order is created with a takeprofit of 3 Pips.  Download
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