Strategy_Krypteia_SC201703

Krypteia was an ancient Spartan army composed by the best warriors. The strategy implements some of the most used momentum indicators, forming an aggregate indicator - a Krypteia of momentum indicators. The strategy trades EURJPY from Monday to Friday (it avoids trading on Sundays) based on the Williams Percent Range (WPR), the Stochastic Oscillator (SO) and the Relative Strength Index (RSI). Orders are settled when the aggregate indicator (composed by the 3 indicators) points in one single direction, sell or buy. In order to open a buy order, 3 conditions need to be satisfied: WPR lower than -80, SO lower than 20 and the RSI lower than 27. In order to open a sell order, 3 conditions need to be satisfied: WPR higher than -10, SO higher than 80 and the RSI higher than 73. The strategy contains a few blocks that only allows orders to get settled if a certain hourly gap among subsequent orders is accomplished. In this case, orders are settled only when there is gap higher than 2 hours between the current time and the previous order close time. Orders have the following default assigns: take profit 5 pips; stop loss 200 pips; trade amount 9 million. Default trading period is 10 minutes and the strategy only allows one order settled at each time. On March the 9th, ECB will hold its meeting, for that reason the strategy will shift its way of trading. It will trade solely on the RSI with a different period, 1-hour. It opens a buy order if the RSI is lower than 25 and a sell order if the RSI is higher than 75. All the other trading features such as TP and SL for this day remain unchanged.
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2 06.03.2017 Not running Strategy_Krypteia_SC201703  Скачать
1 01.03.2017 Executed Strategy_Krypteia_SC201703  Скачать
fx_lmcap avatar
fx_lmcap 6 Март

On Friday the 3rd of March the strategy exceed the over-the-weekend leverage use and as off that, the system automatically generated an opposite order, in order to re-establish equilibrium. In this new update there are a few changes from the first version and some new inputs in order to control the use of leverage and avoid the settling of two orders at the same time.

fx_lmcap avatar
fx_lmcap 6 Март

New inputs/features:

1. It checks if there is a single order placed on Fridays after 17 GMT and the use of leverage. If there’s an order settled and the use of leverage exceeds 45%, the order is closed.

2. It checks if there are two orders settled at the same time (due to margin cut procedures). If so, the strategy changes the default stop loss assign from 200 pips to 1 pip for the first order (the one with the highest amount, characterized by the excessive leverage use) and adds both 1 pip of stop loss and take profit for the order generated automatically (the margin cut order).

fx_lmcap avatar
fx_lmcap 6 Март

New inputs/features:

3. On March the 6th there was a settled order on the system that has been automatically generated on Friday the 3rd due to margin cuts procedures. The strategy looked for it and closed it before 13 GMT by adding a stop loss assign of 10 pips.

fx_lmcap avatar
fx_lmcap 6 Март

The default trading period has been changed from 10 minutes to 5 minutes. The default amount assign has also been changed from 9 million to 5 million. On March the 9th the ECB will hold its meeting. The take profit assign for orders opened on March the 9th was increased from 5 pips to 25 pips.

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