- July 20, 2017
- Posted by: Forex Wiki Team
- Category: Forex Trading System
I've been buying and selling for nearly 10 years. Mainly buying and selling my very own EAs, and a few guide buying and selling.
I'm going to share with you certainly one of my techniques. It solely takes 5 minutes per week.* I SUGGEST NOT TO TRADE THIS SYSTEM ALONE. USE IT AS A PART OF YOUR PORTFOLIO OF SYSTEMS. SINCE IT ONLY TAKES 1 TRADE PER WEEK, IT WILL EXPERIMENT SOME BREAKEVEN PERIODS. IN THE LONG TERM IS MAKING MONEY.
- Pair: Eur/usd
- Chart: each day chart
- Cease loss: 1.3 each day ATR (14 interval)
- Threat per trade: 2% as much as 5%
Entry guidelines:
- If friday each day candle was pink, enter lengthy on the open of subsequent week (In my case Sunday 21:00gmt).
- If friday each day candle was inexperienced, enter quick on the open of subsequent week (In my case Sunday 21:00 gmt)
Shut the trade on the finish of the day (In my case Monday 21:00 gmt) if the trade is optimistic. If the trade will not be optimistic, then wait till the top of Tuesday to shut it.
I'm attaching backtest from Oct 2010- July 2017. I'm utilizing Pepperstone dealer (each day candle opens and closes round 21:00 gmt). Backtest outcomes would possibly fluctuate a little bit bit between brokers, however not that a lot.
Good Luck!
UPDATE: EA specs:
Lot measurement: If you wish to trade mounted lot measurement
UseMM: Set it to True if you wish to use threat per trade possibility
Threat: Threat per trade
Use ATRSL: Set it to True if you wish to use each day ATR as cease loss. Set it to False if you wish to use pips as cease loss.
ATR interval: Use 14 interval
ATRMult: X occasions the each day ATR as stoploss. So for those who select 2, then the cease loss measurement shall be 2 occasions de each day ATR.
Cease loss: If UseATRSL is ready to False, you may select your cease loss in pips right here.
Place trade time: 00:05. Will place the trade on the open on Monday at 00:05. In my case that is 21:05 GMT.
Backtest Oct 2010- JUly 2017 (Utilizing 5% threat per trade)
