Description:

VScalp34March2018 is a momentum scalping strategy. It opens a
long position when CCI(14) closes above 200 and a short position when
CCI(14) closes below -200. The strategy opens one position per
trading day (Monday to Friday). It may skip one trading day (usually
NFP day) per month. It trades only when the spread is lower than or
equal to 2
pips. The strategy uses EUR/USD currency pair on 1 Min timeframe. SL
is set at 55 pips and TP at 4 pips but the latter is adjusted to 14
pips on a drawdown of $50K or more. Trade amount is calculated as
follows: amount = Equity / 10000 / LastBidCandle.CandleOpen * 50 /
stopLoss - 0.1. The strategy validates margin before the
weekend leverage comes into force and closes a position if necessary.

Input parameters:

Name Value Description
defaultInstrument EUR/USD Instrument
defaultPeriod 1 Min Time period
slippage 2 Slippage (pips)
stopLoss 55 Stop loss (pips)
takeProfit 4 Take profit (pips)
startDay 2 Week day to start trading
endDay 6 Week day to end trading
daySkip 0 Month day to skip trading
startHour 10 Hour to start trading (GMT)
endHour 16 Hour to end trading (GMT)
maxSpread 2 Maximum spread (pips)
cciValuePlus 200 LONG position condition
cciValueMinus -200 SHORT position condition
adjustProfitLoss -50000 P/L required to adjust take profit
adjustTakeProfit 14 Adjusted take profit (pips)
lastEquity 100000 Equity level before the last trade

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