june26

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Description of indicator: This strategy is based upon on a combination of Alligator(setting 71,26,26) and DMI (parameter setting 14) a well known indicator. Timeframe: This strategy works better in 30 minutes time frame. Currency pair: To get signals you need a trending market so the currency pair I used is GBPJPY. Trading logic: it creates a buying position when a new candle opens above alligator jaw and adx is rising above 14. And it create a Selling position when a new candle opens below alligator jaw and adx is rising above 14. Method of traded Volume: I used a fixed volume of 5 lot amount to trade with.Takeprofit and stoploss: Initial take profit is set at 50 and stoploss is 50. However ,every time when TP is reached at 21 pips profit, it will set stoploss to -10 to minimize the loss if market reverse
Version: Date: Status: Description:
1 07.06.2019 Not running june26  Download
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