My visual jforex strategy based on the Hull moving area indicators
(on
the 30 minute chart and EURUSD currency pair only.
The Hull Moving Average (HMA), developed by Alan Hull, is an
extremely
fast and smooth moving average. In fact, the HMA almost eliminates
lag
altogether and manages to improve smoothing at the same time.
A longer period HMA may be used to identify trend. If the HMA is
rising, the prevailing trend is rising, indicating it may be better
to
enter long positions. If the HMA is falling, the prevailing trend is
also falling,
indicating it may be better to enter short positions.
The Trading Logic that my robot works is quite simple:
sell entry direction if hma81 (setting: 30 mins, shift 1, time
period
6) > hma55 (setting: 30 mins shift 1, time period 14) and hma85
(setting: 30 mins, shift 0, time period 6) < hma56 (setting: 30 mins,
shift 0, time period 14)
buy entry direction if hma81 (setting: 30 mins, shift 1, time period
6) < hma55 (setting: 30 mins shift 1, time period 14) and hma85
(setting: 30 mins, shift 0, time period 6) > hma56 (setting: 30 mins,
shift 0, time period 14)
The strategy works best in the morning (from 3.00am to 12.00am) and
not work Friday. Fixed trade volumle is 5 lot, SL(199) and TP(5) but
from
ver.8 incl. autoclose function with volume (setting period 30 minute)
indicator if volume over 8000.