VScalp3_4_August2016

Description: VScalp3_4_August2016 is a momentum scalping strategy. It opens a long position when CCI(14) closes above 200 and a short position when CCI(14) closes below -200. The strategy opens one position per trading day (Monday to Friday). It may skip one trading day (usually NFP day) per month. It trades only when spread is lower than or equal to 2 pips. The strategy uses EUR/USD currency pair on 1 Min timeframe. SL is set at 55 pips and TP at 2 pips but the latter is adjusted to 7 pips on a drawdown of $10K or more. Trade amount is calculated as follows: amount = Equity / 10000 / LastBidCandle.CandleOpen * 50 / defaultStopLoss - 0.1. The strategy validates margin before weekend leverage comes into force and closes a position if necessary. Input parameters: Name Value Description defaultInstrument EUR/USD Instrument defaultSlippage 2 Slippage (pips) defaultStopLoss 55 Stop loss (pips) defaultTakeProfit 2 Take profit (pips) defaultPeriod 1 Min Time period startDay 2 Week day to start trading endDay 6 Week day to end trading daySkip 5 Month day to skip trading startHour 9 Hour to start trading (GMT) endHour 15 Hour to end trading (GMT) maxSpread 2 Maximum spread (pips) cciValuePlus 200 LONG position condition cciValueMinus -200 SHORT position condition adjustProfitLoss -10000 P/L required to adjust take profit adjustTakeProfit 9 Adjusted take profit (pips) lastEquity 100000 Equity level before the last trade
Version: Date: Status: Description:
1 01.08.2016 Not running VScalp3_4_August2016  Download
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