COG_London_Open_APR_15

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This strategy works with EUR/USD pair, TF is 30 min. It uses just one indicator - Center Of Gravity with the time period of 17, the smooth period of 3 and smooth type SMMA. Positions are being opened each day at 08:01 GMT (there is more activity than usual around this time in FX market), the algorithm checks whether signal line is below cg line - if so, it opens a long position or vice versa. Then at 10:01 GMT the strategy checks whether the conditions for a position opened at 08:01 GMT are still valid, in case the strategy produces an opposite signal, the recent position is closed and a position in opposite direction gets opened. TP is set to 90 pips, SL 30 - a rational RRR of 1:3. Strategy trades 5 lots positions to avoid unnecessarily big drawdown.
Version: Date: Status: Description:
1 01.04.2015 Not running COG_London_Open_APR_15  Download
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