sma7ema5vvj5 is a visuel jforex version of my strategy sma7ema5 it's
based on relative position of Simple moving average (7) et
exponential
moving average (5) with stop is fixed at 63 pip and 14 PIP as tp ,
My strategy works on eurusd ,and on thirty minutes period, the
indicators used in this strategy are :
- exponential moving average (Time period :3) applied on
(MEDIAN_BID_PRICE) and the variable used in script (ema6)
- Simple moving average (Time period:7) applied on (MEDIAN_BID_PRICE)
and the variable used in script (sma8).......
The script of the strategy use onCandel ; with the opening of each
new
Candel ; relative position of (ema 3) and ( sma 7) decides what
position will be opened. Shorts : when the ema(3) is below the it
means difference (diff1 = sma8-ema 6) is positive and less than 7
PIP
then it is a short position at market price . Stop Loss is 63 pips
above Open of the last bar closed (the stop is fixed) . Take Profil
is
14 pips below the Close of the last bar closed . long : when the
ema(3) is above the it means the difference (diff = ema6-sma 8)
is
positive and less than 7 PIP then we have a purchase order at market
price . Stop Loss is 63 pips below Open of the last bar closed (the
stop is fixed) and Take Profil is 14 pips above the Close of the last
bar closed .
the volume is fixed at 5.000M and is to review after evaluating the
results of the strategy in different market situations
The ratio (TP /Stop ) and the percentage of winning positions are key
to the success of this strategy
Rmq: In version 13,14 and 15 amount is calculated by formula :
Equity/2000
version 13 : st 33 tp 9
version 14 : st 63 tp 21
version 15 : st 63 tp 9