MACDcrossAUDD1

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Name:
MACDcrossAUDD1
Author: ilkyulee (2012.05.04 13:50)
Downloaded: 7169
Download:
MACDcrossAUDD1 1
 MACDcrossAUDD1.mq4 (2.2 Kb) View

Description:

This robot trades AUDUSD only using daily chart only.

It does not make another trade until an existing trade closes either with stop loss or with take profit.

It enters a trade only when MACD crosses during peak hours (5:00-15:00).

The order is made with 40 pips stop loss and reward ratio 3.

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The nature of Forex Robots

Forex arena is a war of trading.

A forex robot is so restricted that it may work only for a specific currency pair and its specific time frame.

It means that the same robot may not work for any other currency pair or any other time frame of the underlying currency pair.

Therefore, it may be necessary that the name of the robot needs to include the currency pair name and its time frame.

05.05.2012 07:58 ilkyulee

The strategy test results for AUDUSD D1 (0.1 lot trading) from 1 May 2010 to 1 May 2012 is as follows:

MACDcrossAUDD1 2

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