VOLATILITYJUL20 Ver3- based on tick price action. Therefore, this is my first strategy that has no indicators. It was built in Visual JForex and has the following logic:
It read ticks for a difference between last and previous ticks that is more or equal to 1pip and a spread of 0.1 pips.
These settings were found as a result of visual research of tick patterns!
Normal Mode:
Money Management: SL is 40 and TP is 40 and Trailing is 10 pips. Amount - 4 lots. It has a Martingale method that doubles the amount of each loss.
Every day we have only 1 positive order then wait till the next day. If the order closed in a loss, we trade again with martingale until all losses will be covered up.
Recovery Mode:
Recovery starts when the first order of the day catches Loss. In this case, SL is 20, TP 100, and Trailing is 15 pips. Also, we make each following signal opposite to its origin. Thus when BUY signals we sell, when SELL we open long. Also, minimal spread raised to 0.4 pip
Then on Daily candle, it checks if the last balance was covered up and switches to normal mode, and close a Profitable order - One Positive trade a day!
Version 5 has the following changes:
On the first close of the 1-hour candle, we close the opened order. If its profit/loss is more than -5 pips, we stop trade for today. In another case, we switch the strategy into Recovery mode and continue trading till we reach profit.
It read ticks for a difference between last and previous ticks that is more or equal to 1pip and a spread of 0.1 pips.
- Instrument - GBP/USD.
- It read ticks for a difference between last and previous ticks that is more or equal to 1pip and a spread of 0.3 pips.
- Thus if lastTick>PreviousTick on 1 or more pips and current spread is 0.3 we BUY.
- If lastTick is less then PreviousTick with the same condition - SELL.
These settings were found as a result of visual research of tick patterns!
Normal Mode:
Money Management: SL is 40 and TP is 40 and Trailing is 10 pips. Amount - 4 lots. It has a Martingale method that doubles the amount of each loss.
Every day we have only 1 positive order then wait till the next day. If the order closed in a loss, we trade again with martingale until all losses will be covered up.
Recovery Mode:
Recovery starts when the first order of the day catches Loss. In this case, SL is 20, TP 100, and Trailing is 15 pips. Also, we make each following signal opposite to its origin. Thus when BUY signals we sell, when SELL we open long. Also, minimal spread raised to 0.4 pip
Then on Daily candle, it checks if the last balance was covered up and switches to normal mode, and close a Profitable order - One Positive trade a day!
Version 5 has the following changes:
On the first close of the 1-hour candle, we close the opened order. If its profit/loss is more than -5 pips, we stop trade for today. In another case, we switch the strategy into Recovery mode and continue trading till we reach profit.