Krypteia2019

This strategy trades GBPUSD based on three indicators, the Williams Percent Range (WPR), the Stochastic Oscillator (SO) and the Relative Strength Index (RSI). Orders are settled when the aggregate of the 3 indicators points in one direction, sell or buy. To open a buy order, it requires the WPR lower than -80, the SO lower than 20 and the RSI lower than 30. To open a sell order, it requires the WPR higher than -20, the SO higher than 80 and the RSI higher than 70. The default order amount is calculated according with the following expression: 0.9 million x current equity / 100.000. If the default order is non-profitable, then a new order is created with an amount increased by 3 times the previous closed order amount (assigns are the default ones). If non-profitability maintains, once more a new a new order is created with an amount increased by 3 times the previous closed order amount. For the previous mentioned order, the SL is 144 and all the other assigns are the default ones. The opening of default orders is allowed from Mondays till Thursdays, from 6 GMT to 16 GMT, and on Fridays, from 6 GMT to 12 GMT. Also, the opening of default orders is allowed only when the GBPUSD daily amplification is higher than 55 pips and when there is an hourly gap higher than 2 hours between two consecutive orders (meaning that the last closed order was profitable). Orders with an increased amount can be opened from Monday till Thursday without hourly restrictions and on Fridays before 16 GMT. In case of a settled order during the week before Friday 17 GMT with leverage use equal or higher than 175%, then the order is closed. In case of a settled order on Friday after 17 GMT with leverage use equal or higher than 55%, then the order is closed. If equity moves below 25.000 USD, the strategy stops automatically. If at any time there are two opened orders simultaneously, the strategy stops automatically.
Versión: Fecha: Estatus: Descripción:
5 22.03.2019 Not running Krypteia2019  Descarga
4 22.03.2019 Executed Krypteia2019  Descarga
3 01.02.2019 Not running Krypteia2019  Descarga
2 01.01.2019 Comp. error Krypteia2019  Descarga
1 01.01.2019 Not running Krypteia2019  Descarga
fx_lmcap avatar

V2 description (1): This strategy trades GBPUSD based on three indicators, the Williams Percent Range (WPR), the Stochastic Oscillator (SO) and the Relative Strength Index (RSI). Orders are settled when the aggregate of the 3 indicators points in one direction, sell or buy. To open a buy order, it requires the WPR lower than -80, the SO lower than 20 and the RSI lower than 30. To open a sell order, it requires the WPR higher than -20, the SO higher than 80 and the RSI higher than 70.

fx_lmcap avatar

V2 description (2): The default order amount is calculated according with the following expression: 2.5 million x current equity / 100.000. The default period is 10 minutes. If the default order is non-profitable, then a new order is created with an amount increased by 3 times the previous closed order amount. For the previous mentioned order, the SL is 144 and all the other assigns are the default ones. The opening of default orders is allowed from Mondays till Thursdays, from 6 GMT to 16 GMT, and on Fridays, from 6 GMT to 12 GMT.

fx_lmcap avatar

V2 description (3): Also, the opening of default orders is allowed only when the GBPUSD daily amplification is higher than 75 pips and when there is an hourly gap higher than 2 hours between two consecutive orders (meaning that the last closed order was profitable Orders with an increased amount can be opened from Monday till Thursday without hourly restrictions and on Fridays before 16 GMT. In case of a settled order during the week before Friday 17 GMT with leverage use equal or higher than 175%, then the order is closed.

fx_lmcap avatar

V2 description (4): In case of a settled order on Friday after 17 GMT with leverage use equal or higher than 55%, then the order is closed. If equity moves below 25.000 USD, the strategy stops automatically. If at any time there are two opened orders simultaneously, the strategy stops automatically.

SheriffOnline avatar

Which time frame is the best to apply this strategy?

fx_lmcap avatar

Hi SheriffOnline, I would suggest a period of 10mins. I hope this answers your question.

fx_lmcap avatar

V3 is a corrected version of V2 without compilation error

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